The property is mid-terrace and the retail unit is arranged over ground floor and basement.
The ground floor and basement retail unit is let at a passing rent of £51,000 pax to Thamesview Estate Agents Limited on a FRI lease for a term of 10 years from 14th July 2015. The lease is held within the security of tenure and compensation provisions of the Landlord & Tenant Act 1954 part II (as amended). There is an upwards only rent review to open market value 13th July 2020. The Estimated Rental Value is £60,000 pax
Immediate upon completion of legal formalities.
Interested parties are advised to make their own enquiries with the relevant local authority.
Each party to bear their own.
Available on request.
Misrepresentation Act: Miles Commercial Limited for themselves and for the vendors or lessors of the property whose agents they are give notice that :i) The particulars are set out as a general outline only for the guidance of intending purchasers or lessees and do not constitute part of an order or contract; ii) All descriptions, dimensions, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct, but any intending purchaser or tenant should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; iii) No person in the employment of Miles Commercial Limited has any authority to make or give any representation or warranty whatsoever in relation to this property. Miles Commercial Limited trading as Miles Commercial, registered in England at NatWest Bank Chambers, 55 Station Road, New Milton, Hampshire BH25 6JA Company registration No:2591029