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Planning The premises have consent for A1 retail use.
Terms The premises are available directly from the
landlord by way of a new 15 year fully repairing and insuring lease, subject to
five yearly upward only rent reviews
Annual Rental £30,000 per annum, exclusive. The
rental will be payable quarterly in advance, and will be subject to VAT, if
applicable.
Business Rate 2005 Rateable Value £20,750
Uniform Business Rate £0.485 (expiring 31/10/09) Business Rates
Payable £10,063 per annum, approx
Service Charge The landlord levies a service charge for
the upkeep and maintenance of The Swan Shopping Centre, of which the premises
form part. Further details from the agent.
Legal Costs Each party to bear their own legal and
professional costs with regard to the proposed transaction. |