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10 Swinegate - Commercial property for sale or rent

Address

10 Swinegate, York

Postcode
YO1 8AZ
Rental status
To let
Description

The property is located on Swinegate in the popular Swinegate quarter in the heart of York city centre. The Swinegate quarter offers a mix of retail and food and drink operators and therefore attracts both local residents and tourists alike. Other nearby occupiers include Sahara, Mulberry, Nail Bar One, Heppni Bakery The Savvy Baker and Lucia Wine Bar.

The property comprises a modern ground floor retail unit which is currently fitted out with stylish fitted units.

Rent

Offers around £14,000 per annum plus VAT are invited (exclusive of rates, service charge and building insurance). The council is not obliged to accept the highest offer.

Accommodation

The ground floor retail unit benefits from an attractive frontage and offers versatile retail space with toilet and storage facilities to the rear.

The ground floor retail shop is 355 square feet or 33 square metres. Interested parties are advised to check these floor areas themselves.

Services

Mains electricity, water and sewerage are connected to the property.

Planning

The property benefits from planning consent for use under Use Class E and would provide an ideal retail unit.

Business rates

The Rateable Value of the property is currently £12,250 (with effect from Monday 1 April 2023). It's advised to contact the Council’s Business Rates Department on telephone: 01904 551140 for details of rates payable.

Building insurance

The ingoing tenant will be responsible for payment of the council’s building insurance premium in respect of the property. The amount of the premium is reviewed annually, and VAT is payable on the insurance charge. Full details of the current insurance charge payable are available upon request.

Costs

The ingoing tenant is to be responsible for a reasonable contribution to the council’s legal and surveyor’s fees in connection with the letting, estimated in the region of £1,250 plus VAT.

Service charge

The ingoing tenant will be responsible for a service charge payment which is reconciled and reviewed annually. The service charge covers external building repairs, refuse collection, shared fire alarm system costs and management fees. VAT is payable on the service charge. Full details of the current service charge payable for the property are available upon request.

Lease details

The property is available on an effective full repairing and insuring lease, the length of which can be negotiated.

EPC

The property has an EPC Rating of C/61. A full copy of the EPC is available on request.

Contacts

Katie Morgan, Property Surveyor:

These particulars do not constitute or form part of an offer or contract nor may they be regarded as representations. All interested parties must themselves verify their accuracy. All measurements are approximate unless otherwise stated all prices and rents are quoted exclusive of V.A.T. The services have not been tested. The tenant will be required to ensure all systems are tested, working and suitable for their purposes.