The Grove, Ilkley, LS29
Total Accommodation 126.56 sqm (1,351 sqft)
To the front of the property is a glazed frontage providing an area for display purposes should the tenant require. Internally, the accommodation is predominantly open plan with plaster and painted walls and ceiling and carpet floor covering. To the rear is a small office/store room with heating to the main retail area and store via air conditioning units which blow both hot and cold.
From the retail area is an additional basement which is made up of 3 large rooms together with male and female WC and small kitchen facility
We have made enquiries with the VOA website and can reveal that the following information is listed from the 2017 list:Rateable Value £30,250Standard Non Domestic Multiplier 2020/21 : 49.9pN.B. The rateable value is not the sum payable. The Non Domestic Business Multiplier should be applied after which small business relief and transitionalphasing may also be applicable. Interested parties should make their own enquiries with the Valuation Office Agency or Local Authority.
The accommodation is measured in accordance with the Royal Institution of Chartered Surveyors Property Measurement 2nd Edition (2018) on a net internal floor area basis:Ground Floor Retail Area - 61.59 sqm (663 sqft)Ground Floor Store/Office - 12.75 sqm (126 sqft)Basement - 52.22 sqm (562 sqft)
The property is available by way of an assignment of a 10 year lease from 1st October 2015 expiring 30th September 2025. A rent review from 1st October 2020 is currently outstanding. The current passing rent is £26,000 per annum. It is understood the Landlord may consider a surrender and regrant where appropriate.
The property occupies a prominent position within Ilkley's prime retail area known as The Grove. This part of Ilkley benefits from a significant amount of footfall and is home to both local and national retailers including Crew Clothing, Betty's Tearooms and Skipton Building Society.
Ilkley is a popular and affluent spa town situated in West Yorkshire, approximately 17 miles from Leeds city centre and benefits from strong logistical connections courtesy of the A65 and a regular train service to Leeds and Bradford city centres.