UPON THE INSTRUCTIONS OF

JOY PROPERTIES LIMITED

INCENTIVES AND FLEXIBLE TERMS AVAILABLE

RETAIL UNIT

16 HIGH STREET REDCAR

Location Redcar is located on the north east of England and lies

approximately 10 miles east of Middlesbrough and 22 miles east of Darlington. The town is principally accessed by the A174 and A1085 which links the A66 and A19 trunk road which serve the region.

The property occupies a prominent position at the western end

of the pedestrianised section of the High Street. Nearby occupiers include Go Mobile, Savers, Store 21, Charles Clinkard, Cash Converters and Iceland.

Description The property comprises a mid terraced two storey building of

reinforced concrete frame construction with cavity brickwork elevations. The ground floor retail unit has a storage/preparation area to the rear as well as first floor ancillary accommodation.

Accommodation The unit provides the following approximate dimensions and net

internal floor areas:- Gross Frontage 17’2” ( 5.23 m) Internal Width 16’3” ( 4.95 m) Shop Depth 57’2” ( 17.42 m) Ground Floor Sales 704 sq ft (65.40 sq m) First Floor Ancillary 303 sq ft (28.15 sq m) Lease Terms The premises are available to let by way of a new FRI lease for

a term to be agreed incorporating five yearly rent reviews at an initial rental of £13,750 exclusive.

Business Rates: We are advised by Redcar & Cleveland Council (01642 444000)

that the property is assessed for rating purposes as follows:- Rateable Value £21,000 UBR (2014/15) £0.476p Rates Payable (2014/15) £9,996 Interested parties are advised to make their own enquiries with

the Local Rating Authority for an accurate assessment and information regarding any relief which may be available.

Legal Costs Each party shall be responsible for their own legal fees incurred

in connection with the transaction. EPC The Energy Performance Asset Rating is Band G (176). A full

copy of the EPC is available for inspection if required. VAT All figures quoted in these terms are exclusive of VAT where

chargeable. Viewing Please contact Jonathan Chapman or Crawford Cole at Smith

Cole Wright should you have any queries or would like to arrange an inspection, please call on 0191 221 1616 or via email jchapman@scwcs.com.