FOUNTAIN COURT

£10,500 pa * fees apply

Additional fees may apply

The asking rent may not include letting fees. Letting agents may also apply the following fees:

  • general administration fees
  • reference fees (including credit checks, bank guarantor, previous landlord, etc)
  • application fees
  • fees for drawing up tenancy agreements
  • inventory fees, including check-in and check-out fees
  • guarantor arrangement/application fees
  • additional occupant fees
  • additional pet deposit fees

Please contact the letting agent for clarification on their fees.
A RARE OPPORTUNITY TO ACQUIRE THESE SMART RETAIL PREMISES, SITUATED IN AN ATTRACTIVE COMMERCIAL COURTYARD JUST OFF THE TOWN CENTRE. THIS POPULAR COURTYARD HAS AN EXCELLENT MIX OF BUSINESSES AND PROVIDES A BUSY THOROUGHFARE LINKING THE HIGH STREET TO EAST STREET. THE PREMISES FEATURE A DUAL ASPECT WINDOW DISPLAY AND COMPRISE APPROX 411 SQ FT, INCORPORATING KITCHEN AND WC FACILITIES. FURTHER BENEFITS INCLUDE AIR CONDITIONING/HEATING AND PUBLIC PARKING IN THE ADJACENT CAR PARK.


TERMS
LEASE: By way of an Assignment of the reversionary lease granted 01/09/2021, extending the term to 31/03/2028. DEPOSIT: Equal to 3 months' rent. RENT REVIEW: 31/03/2025 BREAK CLAUSE: 31/03/2026 SERVICE CHARGE: £1,276.00 per annum including VAT, payable quarterly. This represents 19.5% of the total courtyard costs, which include Buildings Insurance, general maintenance/repairs, exterior electricity and CCTV. COMMERCIAL BUSINESS RATES: Rateable value £9,600.00 per annum Payable £4,790.40 per annum However, the premises do qualify for small business relief and a 100% exemption may be applicable subject to the status of the tenant.
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Branch details

Stephen Oakley & Co
35 High Street
Olney
Buckinghamshire
MK46 4EB

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