LEASEHOLD INTEREST

The ground floor is made up of the main banking hall, a large store room and meeting rooms. On the uppers, there is ancillary, office and storage space. Tenure The property is held on an existing FRI lease due to expire 17/02/2021 at a passing rent of £30,000 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 £30,000 pa. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £37,500.00 and the rates payable are £18,000.00 pa. The UBR for 2018/2019 is 48.00p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes
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Location Description

Rochester forms part of the Medway Towns conurbation lying 3 miles to the north of the M2 motorway, circa 30 miles south east of London. The M25 lies 15 miles to the north west and the M20 channel tunnel link around 6 miles to the south via the A229. Rochester has a direct rail service to London and the Kent coast. The property is positioned in a prime location on High Street close to the tourist attractions of Rochester Castle and Cathedral, with a mix of independent and national retailers nearby.

Sizes and Measurements

Total Size

4,956sqft

Sales Area

2,240sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

2,240sqft

Status

Available

Available from

Now

First Floor

Details

Non-Sales

Size

1,012sqft

Status

Available

Available from

Immediately

Upper Floors

Details

Non-Sales

Size

1,100sqft

Status

Available

Available from

Immediately

Basement

Details

Non-Sales

Size

604sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Lease End

17/02/2021

Lease type

Assignment

For rent

Price On Application

UBR

48p

Ratable Value

£37,500.00

Business Rates

£18,000/pa

Floorplan

ROCHESTER_ 67-71 HIGH ST

Photos

ROCHESTER - 69-71 HIGH ST

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