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12 Old Market Way, Moreton-in-Marsh

per annum £7,500
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2469
Let

LOCATION
Moreton-in-Marsh is a well established Cotswold Market Town, situated at the junction of the A429 Fosse Way and the A44 Oxford to Worcester road. The town has a wide range of shops and amenities, and is well placed being 22 miles from Cheltenham, 27 miles from Oxford and 17 miles from Stratford-upon-Avon. There are good train services to London, the fastest reaching Paddington in about 90 minutes.

DESCRIPTION
Old Market Way is an attractive and busy shopping arcade comprising of seven shops, several eateries, a hair stylist, a bookshop, a veterinary surgeon and 3 residential flats.
These occupiers create an interesting range of users which satisfy a strong local need and attract visitors to the arcade ensuring a regular pedestrian flow. The arcade is also the most direct link between the High Street and the town’s main car park and the train station.

ACCOMMODATION
12 Old Market Way is a prominent shop with a corner frontage at the entrance of the arcade from the main car park, extending to 29.54m (318ft)

SERVICES
Mains water, electricity and drainage are connected.

LEASE TERMS
The property is available on a full repairing and insuring lease for a term to be agreed at a quoting rent of £7,500 p.a. exclusive.

RATEABLE VALUE
We understand the property has a Rateable Value of £6,300 in the 2010 Rating List. Small Business Relief may apply.

SERVICE CHARGE
The lease will incorporate a pro-rata service charge which covers the costs of repairs, decoration and maintenance of the exterior of the development (excluding doors and windows), building insurance, cleaning, provision and maintenance of floral displays, management etc.

LEGAL COSTS
Each party to bear their own legal costs.

VIEWING
Strictly by prior appointment only with the agents.

RESERVATION DEPOSIT
The prospective lessee will pay a £500 reservation deposit upon agreeing a lease, to be refunded at completion. If the prospective lessee withdraws from the transaction for any reason, the lessor’s costs (agents and solicitors) will be deducted from the deposit and the balance, if any, will be refunded.

No floorplans available.
No brochure available.
No EPC available.

Our Marriotts office in Faringdon is now back open and we are able to carry out valuations, viewings and site meetings by appointment, following strict government guidelines for the safety and protection of all parties.  Interest in properties has remained high throughout the shutdown, and we now find there is even more interest in both residential and commercial sales and lettings.

 

If we can be of any assistance, please call our office in the first instance, on 01367 242422, or alternatively you can call Andrew Brown on 07971 410312 or Juliet Souter on 07770 640080