Property Detail Under OfferThis Property is Unavailable
£52,500per
Property Detail Under OfferThis Property is Unavailable

J T Hughes

J T Hughes

Featherbed Lane, Shrewsbury, Shropshire
Property Detail Area

ABOUT THIS PROPERTY

The property provides an existing 5 car showroom with a vehicle/MOT Workshop and providing total gross internal floor area of approximately 6,022 ft sq(559.4 m sq). The property benefits from a fully glazed frontage and internally provides a well presented car showroom, offices and a vehicle workshop. At the front of the property there is a vehicle display area for circa 50 cars, customer parking and a vehicle storage area. The property is only available due to the relocation of the existing business due to Expansion. The property is prominently situated fronting onto Featherbed Lane approximately 1.5 miles from the centre of the town of Shrewsbury. Featherbed Lane serves as one of the main car showroom and trade counter quarters serving the town, with surrounding occupiers including Volvo, Renault, Topps Tiles and B and Q. It is also a main link road to the A5(M54 Link Road).Accommodation: (All measurements are approximate) Car Showroom/offices 272.39 m sq(2,932 ft sq) Workshop 287.01 m sq(3,090 ft sq) Mezzanine stores 26.04 m sq(280 ft sq)The premises are available by way of assignment of a lease dated the 21st of December 2005 between Waverley Garage Limited and J T Hughes (Oswestry) Limited . The lease is for a term of 10 years from the 1st of January 2006 on Tenants Full Repairing and Insuring Terms. The lease is within the protection of the Landlord and Tenant Act 1954 Part 2. There is therefore a statutory right to a new lease at the end of the lease term.We have made non-verbal enquiries to Shropshire Council and can confirm the following: Rateable value 2014/15 £50,500 Rates payable 2014/15 £24,341