LEASEHOLD INTEREST ONLY

The subject property is a two storey, detached building, situated over ground and first floor. The ground floor comprises a banking hall, meeting rooms and strong room.  The first floor comprises of office and ancillary space. There is also a basement store room. To the rear of the property there are 12 car parking spaces. Tenure The property is held on an existing FRI lease due to expire 17/01/2028 at a passing rent of £16,000 per annum exclusive with a rent review scheduled 25/03/2018. The lease is held inside the security of tenure provisions of the Landlord and Tenant Act 1954. Consideration Offers accepted on the basis of assignment or sub-lease at the passing rent of £16,000 per annum exclusive. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £18,000.00 and the rates payable are £8,388.00 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

Borough Green is a large village situated approximately 30 miles to the south east of Central London and 7 miles east of Sevenoaks. There are good transport links in the area with the village being situated on the A25 providing links to Maidstone and Sevenoaks, whilst there is also a railway station at Borough Green on the Maidstone line, which runs a direct service to London Victoria in 45 minutes.

Sizes and Measurements

Total Size

1,849sqft

Sales Area

982sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

982sqft

Status

Available

Available from

Now

Basement

Details

Non-Sales

Size

229sqft

Status

Available

Available from

Immediately

First Floor

Details

Non-Sales

Size

638sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Lease End

17/01/2028

Lease type

Assignment

For rent

£16,000/pa

UBR

46.6p

Ratable Value

£18,000.00

Business Rates

£8,388/pa

Specification

  • Affluent location
  • Former Bank premises
  • Flexible lease terms available

Floorplan

SEVENOAKS BOROUGH GREEN 1 STATION ROAD.PROMAP

Photos

SEVENOAKS BOROUGH GREEN 1 STATION ROAD.PIC

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