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.
Old Market Way is an attractive and busy shopping arcade comprising 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 railway station.
17 Old Market Way is a retail unit extending to 294sq.ft., well located within the arcade.
Mains water, electricity and drainage are connected.
The property is available on a full repairing and insuring lease for a term to be agreed at a quoting rent of £7,500 pa.
We understand the property has a Rateable Value of £6,800 in the 2017 Rating List. Small Business Relief may apply, enquiries should be made to Cotswold District Council (01285 623000).
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), buildings insurance, cleaning, provision and maintenance of floral displays, management etc.
Each party to bear their own legal costs.
Strictly by prior appointment only through the agents.
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 (agent and solicitor) will be deducted from the deposit and the balance, if any, will be refunded.