Description
Unit 3 Marshall Way offers an extensive commercial premises over ground and first floor levels totalling 12,445 sq ft.
The premises falls within Class E opening it up to a variety of potential occupiers be it retail, fitness, additional supermarkets to those already on the retail park and other uses.
The property is part of the Marshall Way development in Ripon City Centre which benefits from a short stay 210 space car park with a maximum stay of 3 house. Other occupiers in the small retail park include a Booths Supermarket, Fatface and Poundstretcher.
The premises are currently occupied by YMCA on a short term basis. Although not currently utilised to capacity the layout could easily be reconfigured to allow further utilisation of the rear ground floor area and some of the first floor as further retail space.
Brief Terms
Terms: Leasehold. The property is available to lease on new terms to be negotiated.
Rateable Value: £58,000.
Uniform Business Rate for 2023/24: £0.49.9.
Small business rate relief may be available to some occupiers. Further enquiries should be directed to NYCC for any rates related matters or queries. FSS will accept no liability for any changes to business rates.
VAT: The property is elected for VAT.
Service Charge: Current Service Charge amount is £2,992.77, however the landlord has granted tenants of the business park leeway with service charges following the Covid pandemic therefore expenditure for this year is looking to be around £900 for this unit.
Legal Costs: Unless expressly stated all parties will be responsible for their own legal costs in connection with this transaction.
Planning: Interested parties are advised to make their own enquiries of the local planning authority in respect of planning proposals if any change of use is envisaged.
Viewing: If you would like to view this property, please contact FSS on 01423 501211.