LEASEHOLD AVAILABLE

The property comprises a two storey terraced unit of brick construction. The ground floor provides banking hall accommodation. There is a public car park directly opposite the property. Tenure The property is held leasehold for a term of 15 years from 18th June 2010 at a passing rent of £37,500 per annum. There is a tenant break in June 2020. Terms Incentives available subject to covenant. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £27,000 and the rates payable are £13,419 pa. The UBR for 2016/2017 is 49.7p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes
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Location Description

The subject property is approximately a two minute walk from Paddock Wood Railway Station. Retail in Paddock Wood is focused on Commercial Road where the subject property is situated. There are a number of national and independent retailers situated in close proximity to the property. National retailers nearby include Nationwide, NatWest, Barclays, Greggs, Costa and Tesco Express. A plan is on the reverse of these particulars identifying the location.

Sizes and Measurements

Total Size

1,869sqft

Sales Area

1,869sqft

Sales Width

27 ft 2 in

Shop Depth

58 ft 5 in

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

1,869sqft

Status

Available

Available from

Now

Lease Information & Charges

Lease End

17/06/2025

Lease type

New

For rent

Price On Application

UBR

46.6p

Ratable Value

£27,000.00

Business Rates

£12,582/pa

Specification

  • Former Bank Premises
  • Assignment Available

Floorplan

Photos

Map Data
Map data ©2018 Google
Map DataMap data ©2018 Google
Map data ©2018 Google
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