Investment For Sale, Crewkerne, Somerset

Located at the northern edge of the town of Crewkerne in South Somerset, between the towns of Chard and Yeovil and 5.5 miles south of the A303 via the A356.

The unit has frontage onto North Street (A356) and forms part of the Bere Court development, where it has parking rights.

A Ground Floor Commercial Unit In A Residential Development From The Early 2000s. The Unit Originally Traded As A Convenience Store But Is Currently Fitted Out As A Dental Practice.

The Unit Is Of Modern Brick And Block Elevations With Access Via Glazed Doors From The Archway To The Side, And Large Windows Onto North Street. Internally The Unit Is Structurally Open-plan But Is Currently Fitted With Demountable Partitions To Form 3 Treatment Rooms, Ancillary Areas, Reception And Disabled Wc. The Fit-out Includes Suspended Ceilings With Recessed Lighting, Vinyl Floor Coverings, Air Conditioning And Wall-mounted Electric Heaters.

The Unit Has One Allocated Parking Space Plus Shared Rights Over 8 Visitor Spaces; In Practice, Four Spaces Adjacent To The Unit Are Indicated As Being Those For Use Of Staff And Visitors To The Dental Clinic.

Ground Floor Commercial Unit

Established Dental Practice With Lease To 2044

Passing Rent: £12,000 P.a.

Guide Price: £150,000

Located At The Northern Edge Of The Town Of Crewkerne In South Somerset, Between The Towns Of Chard And Yeovil And 5.5 Miles South Of The A303 Via The A356.

The Unit Has Frontage Onto North Street (a356) And Forms Part Of The Bere Court Development, Where It Has Parking Rights.

A Ground Floor Commercial Unit In A Residential Development From The Early 2000s. The Unit Originally Traded As A Convenience Store But Is Currently Fitted Out As A Dental Practice.

The Unit Is Of Modern Brick And Block Elevations With Access Via Glazed Doors From The Archway To The Side, And Large Windows Onto North Street. Internally The Unit Is Structurally Open-plan But Is Currently Fitted With Demountable Partitions To Form 3 Treatment Rooms, Ancillary Areas, Reception And Disabled Wc. The Fit-out Includes Suspended Ceilings With Recessed Lighting, Vinyl Floor Coverings, Air Conditioning And Wall-mounted Electric Heaters.

The Unit Has One Allocated Parking Space Plus Shared Rights Over 8 Visitor Spaces; In Practice, Four Spaces Adjacent To The Unit Are Indicated As Being Those For Use Of Staff And Visitors To The Dental Clinic.

Accommodation
Gross Internal Area: 922 Sq Ft (85.67 Sq M)

The Property Is Elected For Vat, And Vat Is Therefore Applicable To The Purchase Price.

Each Party To Bear Their Own Legal Costs In The Transaction.

Current B (49), Expiring 1st March 2033.

Let By Way Of A Lease For A Term Of 21 Years Expiring On 29th March 2044, With Tenant-only Breaks Every 3 Years, The Next On 30th March 2029. The Lease Is On Contributory Full Repairing And Insuring Terms (limited By Reference To A Schedule Of Condition), With The Tenant Paying All Service Charges And Estate Charges Applicable To The Unit.

The Passing Rent Is £12,000 Per Annum And There Are Reviews (upward-only To Market Rent) Every 3 Years, The Next Being On 30th March 2029.

The Tenant, The Ile Dental Centre Limited (co Reg 06333040) Trades As The Crewkerne Dental Centre. The Company Was Incorporated In 2007 And Has Traded From This Property Since 2009.