LEASE FOR SALE

The Property is a terraced, two storey period building. The main banking hall and office space occupy the ground floor whilst the first floors are utilised for staff welfare and storage. Tenure An assignment of an existing effectively Fully Repairing and Insuring lease for a term of 20 years expiring 15 July 2030 at a passing rent of £12,000 per annum. There is a tenant only break 15 July 2025 subject to 6 months prior written notice Legal Costs Each party to bear their own legal costs. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £4,700 and the rates payable are £2,190 pa. The UBR for 2017/2018 is 46.6p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes
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Location Description

Located within the small town of Stonehouse, approximately 2 miles west of the principle retailing centre of Stroud the premises are adjacent Bay Tree café and an Italian restaurant, a local financial advisor whilst other units closeby include Co-op Foodstore.

Sizes and Measurements

Total Size

1,067sqft

Sales Area

523sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Status

Available

Available from

Now

Ground Floor Sales

Details

Retail

Size

523sqft

Status

Available

Available from

Immediately

Ground Floor Staff

Details

Non-Sales

Size

308sqft

Status

Available

Available from

Immediately

First Floor

Details

Non-Sales

Size

236sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Available from

Immediately

Lease type

Assignment

For rent

£12,000/pa

UBR

46.6p

Ratable Value

£4,700.00

Business Rates

£2,190.20/pa

Specification

  • Leasehold Available
  • Sought after Gloucestershire town

Floorplan

Photos

IMG_1480

Map Data
Map data ©2017 Google
Map DataMap data ©2017 Google
Map data ©2017 Google
Map
Satellite

Other properties in this area

BESbswy