LEASEHOLD INTEREST ONLY
The property is arranged over ground floor and first floor. The ground floor provides the main sales area with a strongroom. The upper parts of the property are within the bank’s demise, used as a staff room and for general bank storage. Tenure The property is held on an existing FRI lease due to expire 14/01/2028 at a passing rent of £35,500 per annum exclusive. 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 £35,500 pa. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £37,750 and the rates payable are £18,120 pa. The UBR for 2018/2019 is 48p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposesLess
The unit is located on the end of a parade in a predominately residential area approximately 1 mile East of Maidenhead's main town centre. The parade consists of a Domino’s, Age Concern and 6 independent retailers. The parade is set back from the road with a public car park.