Modern retail unit arranged on ground floor. Currently trading as a recruitment agency. Available for similar A2 uses or A1 retail use.
The demise provides the following approximate net internal floor areas:
Ground Floor sales 69.21 sq m 745 sq ft
Kitchen/staff 7.15 sq m 77 sq ft
The property is held by way of an effectively full repairing and insuring lease for a term of 10 years from 21st January 2016 at a passing rent of £14,000 pax, subject to an upward only rent review at the end of the fifth year. The tenant also has the benefit of a lease break option on 21st January 2021 on service of 6 months’ notice.
The tenant is seeking to dispose of their lease by way of an assignment.
Rateable Value: £19,250
Rates Payable: £9,394
Please verify the actual rates payable with the local authority.
Each party to be responsible for their own legal costs incurred in the transaction.
Please contact the occupiers:
Jason Pocock or Mark Buxton
Telephone: 0117 986 2000