Unit 3, the last remaining unit, available by way of a new 20 year EFRI lease.
A redevelopment which will provide high quality accommodation for the leisure market. The upper parts of the development are to be occupied by PREMIER INN who will operate a 59 BEDROOM HOTEL. Friars Court also offers direct access to the High Street and adjacent 80 space car park. The ground floor units have been designed to be flexible in the floor space they can provide and, at this stage, units are capable of amalgamation and can be delivered to meet the exact tenant's requirements, including external seating, subject to contract.
By way of new 20 year effectively full repairing and insuring leases at a commencing rental based on £25 per sq ft per annum. The premises benefit from a planning consent permitting all retail uses including A3 restaurant.
Each party is responsible for their own legal and other professional costs incurred in the transaction.
Zero payable until 1st April 2021 due to the Government Covid-19 tax break.
Strictly by appointment.
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