LEASEHOLD INTEREST

The bank comprises a basemen vault, ground floor retail banking hall, first floor ancillary and staff rooms and a basement strong room and book room. Tenure The property is held on an existing FRI lease due to expire 16/01/2027 at a passing rent of £28,000 per annum exclusive, with a break option scheduled for 16/01/2022. 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 £28,000 pa. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £22,250.00 and the rates payable are £10,680.00 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

Bushey is a town in the borough of Hertsmere, a short distance from Watford, approximately 16 miles north-west of central London. It lies adjacent to J5 of the M1 motorway, and benefits from rail links via Bushey mainline station and Stanmore (Jubilee line) underground station approximately two miles to the south. Other retailers on Bushey High Street are William Hill and Connells Estate Agent. There is a small Spar supermarket although. Barclays used to occupy the last unit on the parade.

Sizes and Measurements

Total Size

2,260sqft

Sales Area

1,164sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

1,164sqft

Status

Available

Available from

Now

First Floor

Details

Non-Sales

Size

984sqft

Status

Available

Available from

Immediately

Basement

Details

Non-Sales

Size

112sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Lease End

16/01/2027

Lease type

Assignment

For rent

Price On Application

UBR

48p

Ratable Value

£22,250.00

Business Rates

£10,680/pa

Floorplan

BUSHEY HIGH STREET 28.GOAD

Photos

BUSHEY HIGH STREET 28.PIC

Other properties in this area

BESbswy