LEASEHOLD INTEREST ONLY

The subject property comprises over ground and first floor accommodation, with a banking branch on the ground floor and staff accommodation on the first. Tenure The property is held on an existing FRI lease due to expire 18/05/2028 at a passing rent of £18,500 per annum exclusive, with a break option scheduled for 18/05/2023 and a rent review scheduled 29/07/2023. The lease is held inside the security of tenure provisions of the Landlord and Tenant Act 1954. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £17,000.00 and the rates payable are £7,922.00 pa. The UBR for 2017/2018 is 46.60p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes
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Location Description

Waltham Abbey is a suburban market town, located 15 miles North East of Central London. The town has excellent transport links, as it is only 2 miles from the M25 and has both Waltham Cross and Theobalds Grove train stations close by, which provide direct routes to London in under 40 minutes.

Sizes and Measurements

Total Size

1,313sqft

Sales Area

921sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

921sqft

Status

Available

Available from

Now

First Floor

Details

Non-Sales

Size

392sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Lease End

18/05/2028

Rent Review Cycle

5

Next Lease Break

18/05/2023

Lease type

Assignment

For rent

£18,500/pa

UBR

46.6p

Ratable Value

£17,000.00

Business Rates

£7,922/pa

Specification

  • Very well-connected
  • Consent for various uses
  • Flexible lease terms available

Floorplan

Photos

WALTHAM ABBEY- 6 MARKET SQUARE.JPG

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