The premises comprise the whole of a semi-detached, four storey building which spans between the two streets of Mount Parade and Commercial Street. The property comprises a retail shop occupied by The Cheeseboard and The Retro Club on the LGF from Commercial Street. The property also provides offices from Mount Parade and above The Cheeseboard Shop. In our opinion this could be suitable for continued office use (following a series of refurbishment works or residential STPP).

Location
The property is situated on Commercial Street and Mount Parade close to Station Parade and its intersection with Beulah Street.

Occupational Leases & Tenure
The Cheeseboard are long standing tenants who are in the process of agreeing a new 6 year lease with 3 year break clause at £11,500 p.a. We understand The Retro Club have also been holding over for some time at a rental of £7,200 p.a. but are due to vacate to allow vacant possession upon a sale.

Asset Management Opportunities
The former office premises provide potential to be refurbished, upgraded, and occupied as offices or converted into residential STPP. The lower ground floor currently used as a club could be let out for other commercial uses or converted into a flat subject to necessary consents.

Available Area