LEASEHOLD INTEREST ONLY
The property is arranged over basement and ground floor. The ground floor provides the main sales area with a strongroom and safe located at basement level. Tenure The property is held on an existing FRI lease due to expire 11/01/2022 at a passing rent of £14,900 per annum exclusive with a rent review scheduled 25/12/2018. 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 £14,900 pa. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £12,250.00 and the rates payable are £5,880.00 pa. The UBR for 2018/2019 is 48.00p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposesLess
The town of Hadleigh forms part of the Borough of Castle Point in the County of Essex on the north side of the Thames Estuary. Hadleigh is approximately 8 miles east of Basildon, 5 miles west of Southend on Sea and approximately 18 miles south of Chelmsford. The town is situated on the A13 close to its junction with the A129 which provides access to the A127 and A13 dual carriageways. Junctions 29 and 30 of the M25 are approximately 12 miles to the west.