|
Lease:
The premises are available by way of a new
fully repairing and insuring lease (subject to the service charge provisions)
for a term expiring in February 2016, less an appropriate reversionary period.
The lease will be contracted outside of the security of tenure and compensation
provisions of the 1954 Landlord & Tenant Act, Part II, as amended.
Annual Rental:
£39,500, exclusive. The
annual rental will be subject to VAT and will be paid quarterly in advance.
Business Rates:
From internet enquiry only, we
note the following business rate assessment:
2010 Rateable Value:
£23,250
Uniform Business Rate: £0.414 (expiring 31/03/2011)
Rates Payable: £9,626 per annum (£4.89 per sq ft),
approximately
Service Charge:
The landlord maintains the roof,
foundations and all structural parts of the building which is recharged via a
service charge. |
