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We own 36 commercial premises, in 7 locations.
Rents for our commercial premises are independently valued and based on comparable evidence of similar properties in the same area. Rent is exclusive of utility costs, business rates and contents insurance.
We prefer to grant long leases, of 5 years or more, but we realise it may be difficult for new businesses to commit to this. We are, therefore, willing to consider each case individually, but the shortest lease that we will grant is  years.
We impose strict trade use restrictions in each lease we grant. This prevents existing products or services on a parade being repeated in a new lease.
Our leases are “full repairing and insuring” leases, which means that the tenant is liable for all repairs, including roofs, structural walls and foundations (unless the damage is caused by something for which we have insurance).
If you do not wish to continue your lease, you will need to “assign” it. This means transferring the lease to a new tenant. We will consider your request but will require bank and trade/ personal references from the proposed new tenant.
If you would like to register to go on our waiting list for a commercial premises please click here to print the form, complete it with your details and return it to us at our main office address, or send it by email to email@example.com
If we agree to grant a lease to you, you will be responsible for all associated costs including:
• Valuation fee for the rent –approximately a minimum of £350 plus VAT.
• Plans preparation (if applicable) – approximately £100 plus VAT
• Our legal costs which are likely to be in the region of £595 plus VAT.
• Your own legal fees.
• Land registry fee (if the lease is registrable).
• Stamp duty land tax (if applicable).
You should be aware that depending on the length of lease we may need consent from our regulator (presently the Homes and Communities Agency) and this cannot be guaranteed.
We will also require the approval of our Board, and of our mortgagee, to the sale and again this cannot be guaranteed.
If anyone from whom we require consent refuses you will remain responsible for the payment of any fees incurred up to the date of their refusal.
For more information on renting shops, please contact Katie Steele by phone 01606 813349 or by email firstname.lastname@example.org