Wellington Square, Minehead

Office for sale in Minehead

Former HSBC Banking Hall
Ground floor available to rent
Next to a Wetherspoons Pub
Ideal conversion for catering use subject to planning permission
In the very heart of Minehead
Offers invited on asking rent £22,000 per annum
New lease terms available
The owners may consider selling the freehold of the whole building

THE PROPERTY
Extensive ground floor premises formally fitted out and equipped as a banking hall but with a variety of alternative uses (subject to planning approval). The property is situated in a prominent town centre position.

Minehead is a popular West Somerset holiday resort with a busy commercial centre and a host of local shops and services with a resident population of around 12,000.

As presently arranged, the property comprises a large banking hall of 1,257 sq ft of accommodation together with ancillary accommodation of 569 sq ft.

TENURE
The property is offered on the basis of new full repairing and insuring lease for a term of years to be agreed at a rental of £22,000 per annum plus service charge and insurance contribution. An incoming tenant will need to supply the usual proof of ID, 3 months bank statements and trade/professional references for Landlord's approval.

UNIFORM BUSINESS RATEABLE VALUE
£25,750 UBR, as of 2023, 49.9p in the £. Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure

VAT
We understand that our client has not opted to charge VAT. All interested parties should make their own enquiries of HMRC.

VIEWING
Strictly by appointment through the selling agents.

LEGAL ADVICE
We strongly recommend that a tenant takes independent legal advice and instructs solicitors to act on their behalf.
Each party bears their own legal costs unless otherwise stated.

PLANNING
It is the responsibility of the proposed tenant to satisfy for themselves independently that their intended use complies with existing planning permission by contacting the local council planning department. The cost of any change of planning use is the tenant's responsibility.

LEASE TERMS
All leases are on full repair and insuring (FRI) terms unless otherwise stated.

Former Banking Hall 44'7" x 29'10" (13.6m x 9.1m).

Storage 1 11'2" x 8'8" (3.4m x 2.64m).

Storage 2 13'5" x 7'1" (4.1m x 2.16m).

Storage 3 24'9" x 8'9" (7.54m x 2.67m).

Staff Accommodation 14'11" x 13'1" (4.55m x 4m). Including kitchette

Male and Female Toilets

Tenure    Leasehold.

Services    All mains connected.

Viewing    Strictly by appointment with the sole selling agent.

Rateable Value    £25,750 UBR, as of April 2023, 47.9p in the £. Our Rateable Value figure has been obtained from the Business Valuation website at the time of the property detail going to print, however, we would advise all applicants make their own enquiries via the Valuation Office or website regarding this figure.

WEBBERS DO NOT JUST SELL HOUSES    Established over 40 years ago our dedicated specialist Commercial Department deals in the sale and letting of all types of commercial property including Guest Houses, Hotels, Restaurants, Pubs, Holiday Complexes, General Businesses, Post Offices, Retail Businesses of all kinds, Shops, Offices, Investments and Industrial Premises. If this property does not suit visit our web site www.webberscommercial.co.uk or call our office on 01271 347 888. For out of hours call our mobile number 07967 385 228.

WANT TO KNOW MORE?    We recognise that buying a property is a big commitment and, therefore, recommend that you visit the local authority website (contact the branch for details) and the following websites for more helpful information about the property and local area before proceeding.
www.environment-agency.gov.uk
www.landregistry.gov.uk
www.gov.uk/green-deal-energy-saving-measures
www.homeoffice.gov.uk
www.ukradon.org
www.fensa.org.uk
www.nesltd.co.uk
http://list.english-heritage.org.uk

Important Information

• This is a Leasehold property.

Property Ref: 55707_COM230156