DESCRIPTION
The rear frontage of the property, which serves as the main entrance, has been opened up with attractive full height glazing, facing into a landscaped courtyard that is furnished with tables and chairs. The property has, until very recently, been operated as a general village store and café, and much of the former tenant’s fixtures and fittings remains in situ for use by the incoming tenant if required. Internally, the property is laid out to a small kitchen area with storerooms and cold rooms, the majority being given over to an open area, which is divided with freestanding shop fittings.
There is a single accessible W/C serving the property.
PARKING - There are dedicated and communal free parking spaces in the main development supported by two EV chargers, with additional overflow parking on the opposite side of Green Lake Lane.
ACCOMMODATION - A fully fitted retail/café unit having the approximate following dimensions:
COURTYARD - The tenant will be entitled to have shared use of the courtyard and all furniture in that area under the terms and conditions of a separate licence, which the landlord will grant at nil consideration. Subject to negotiation, the landlord may, at its total discretion, allow the tenant to apply for an on-licence that incorporates use of the courtyard.
LEASE TERMS - The shop will be offered by way of an effective full repairing and insuring lease for a duration of up to 15 years subject to five yearly upwards reviews. The tenant will be responsible for internal repairs, shopfronts, glazing and signage, and will pay an annual service charge to recover a fair proportion of the landlord’s costs in managing and maintaining the common areas of the scheme, including the courtyard, landscaped areas and the car parks.
RENT - The lease will have a base rent of £10,000 pa plus an additional turnover rent to be agreed with the landlord as a percentage of gross (net of VAT) revenue that the property generates.
VAT - VAT will be charged on all rent demands and outgoings.
PERMITTED USE - The tenant will be entitled to use the property as a retail shop and café in accordance with the relevant planning and licensing consents. NB: The tenant will be required to devote a minimum 20% of the net internal floor area of the property for the retail sale of essential convenience store goods, including: Dairy products (milk, butter, cheese and yogurt), bread, tea, coffee, soft drinks, biscuits, crisps, newspapers, stamps, some medicines (e.g. Calpol, hayfever, asprin, ibuprofen, cough sweets), basic toiletries, toilet paper, basic household items such as washing up liquid, etc.
BUSINESS RATES - The current rateable value is £7,200 and so sits below the threshold for payment of business rates for eligible tenants. Irrespective of the tenant’s status, the tenant will be responsible for any and all business rates and taxes that fall due in respect of the property during the term of the lease.
INSURANCE - The landlord insures for buildings cover and will recover the apportioned premium from the tenant. The tenant will be responsible for insuring their contents and for employer’s and public liability insurance cover in the usual way.
PLANNING - The property has consent to be used for uses within Class E of the Use Classes Order 2020 (previously Class A1(retail) or A3 (cafe and restaurant) under the 1987 Order, as amended). The building is not listed, but is in a conservation area. Signage will require approval from the landlord.
LICENSING - The property previously benefited from an on-licence, supported by the landlord. The new tenant will be responsible for obtaining any on- and off-licences for the sale of alcohol.
SERVICES - The following services and utilities are available at the property: Metered three phase electricity and water and sewerage.
EPC - The property has an EPC rating of B(46).
FIXTURES & FITTINGS - The existing fixtures and fittings (F&F) in the property are available for use by the tenant (and will become tenant’s fixtures and fittings for the purposes of the lease). Should the ingoing tenant not require any or all, these will be removed by the landlord prior to the tenant’s occupation.
COSTS - Each party is to be responsible for their own legal costs.
TRADING HOURS & CONDITIONS
The tenant will be required to open and trade from the property as follows:
Other times may be permitted by agreement with the landlord, acting at its total discretion. The tenant will be required to obtain any necessary licences to operate from the local authority.
IMPORTANT OTHER KEY MATTERS
The landlord will work collaboratively with the tenant to maximise the quality and availability of goods and services at the property and service delivery for residents, local workers, estate employees and visitors to the village and local area. This involves, but is not limited to:
Residential accommodation within the village may be available to the successful applicant, or its employee(s). This would be on open market terms under a separate Assured Shorthold Tenancy.
LOCATION
Aldford is a picturesque village on Grosvenor’s Eaton Estate located five miles south of the city of Chester along a bustling B-road between it and Wrexham. It is near to several local hamlets and villages, benefitting from regular public transport links. The village is also on recognised Cheshire and wider national cycle routes. Although the village is predominantly residential in nature, (with over 100 residential properties in the locality), it is also home to several businesses of differing sizes generating a sizeable daytime economy of workers. These include the popular Grosvenor Arms public house, a primary school, several offices, a gym, a hairdresser, a garage and a number of large farms.
ALDFORD VILLAGE SQUARE
The property comprises a ground floor retail unit located directly off Green Lake Lane, one of the main routes into the village, in an attractive courtyard setting known as ‘Aldford Village Square’ comprising two other ground floor retail/office units with residential properties above. The properties in the development were previously agricultural barns that were repurposed and renovated to a high standard in 2018. There is ample parking serving the development. The store is a vital part of the village and provides an exciting opportunity for the new operator to become a valued member of the local community, as well as providing a shop, café and leisure destination.
Viewing strictly by appointment through the sole Agents:
Kenneymore Property Consultants - please contact:
Tim Kenney - 07973 666620 / tim@kenneymore.co.uk
Subject to Contract & Trustee approval