Property Overview
-
- Size:
- 1,208 sq ft / 112 sq m
-
- Usage:
- A1
-
- Sale Type:
- To Let
-
- Rental Income:
- N/A
-
- Property Type:
- Other
-
- Auction:
- No
-
- Development Opportunity:
- No
-
- Investment Opportunity:
- No
-
- Tenanted:
- No
-
- Energy Rating:
- N/A
General Summary
Description FOR RENT – GROUND FLOOR AND BASEMENT RETAIL (A1) PREMISES
Rates We would recommend that interested parties make their own enquiries via the Local Rating Authority.
Accommodation The property is arranged over ground floor and basement.
Areassq ftsq m Ground Floor65060.38 Basement55851.83 Total Size1,208.00112.21
Tenure Leasehold The premises are available by way of an assignment of the current tenants head lease, at a passing rental of £25,000 per annum exclusive. The lease is inside the Landlord and Tenant Act 1954 and has approx. 10 years remaining. Premium: Offers in the region of £20,000 for the fixtures, fittings and goodwill will be considered.
Lease Type Existing Lease
Costs The in-going tenant will be responsible for the out-going tenant and landlord’s legal costs incurred in this transaction.
Viewing Strictly by appointment.
Location
The property is situated on Old Kent Road, almost opposite the junction with Madron Street. The property forms part of a parade of shops and benefits from being in a residential area.
