11 Hope Street
- Prime retailing location in pedestrianised centre adjacent to New Look.
- Ground floor sales 1,273 sq ft (118.3 sq m2).
- Total area 2,423 sq ft (225.19 sq m).
- Rent only £27,500 per annum with no VAT.
- Also substantially reduced Rates as from April 17.
The property is situated within a 100% trading location in the old town centre adjacent to New Look, opposite W H Smiths and Bodycare and also close to Greggs, Holland and Barrett, and Ernest Jones Jewellers.
Wrexham is the fourth largest town in Wales and the largest in North Wales with a residential population of some 61,603 (2011 census). It is also the commercial and administrative centre for the region.
The premises provide extensive retailing space at ground floor and the first floor offers good storage, office and kitchen facilities together with male and female WCs. The approximate dimensions and areas are as follows;-
Internal Width (max): 7.56 m (24ft 9 in)
Shop Depth: 12.57 m (41 ft 3 in)
Ground Floor Sales: 118.3 sq m (1,273 sq ft)
First Floor Store: 76.67 sq m (825 sq ft)
Kitchen: 12.08 sq m (130 sq ft)
Office: 6.51 sq m (70 sq ft)
Plus male and female WC’s.
NB there is firstly the opportunity of combining with an adjacent shop to create a ground floor sales area of circa 2,750 sq ft plus upper floor storage providing in total some 5,000 sq ft. Secondly, there is also the ability to obtain a license by any café/A3 type operations for external tables and chairs.
Available on a new full repairing and insuring lease for a term of years to be discussed.
£27,500 per annum.
It is understood that the premises are not VAT registered.
Each party will be responsible for their own legal costs.
It is understood from enquiries with the local Rating Authority that the premises Rating Assessment has been substantially reduced to the following as from April 2017:
Rateable Value as from April 2017 £41,000.00
Rates Payable as from April 2017 £20,459.00
An EPC is currently being obtained and will be available shortly if required.
Please contact Richard W Bolton of Bolton Birch:
Tel: 01244 311681