LEASEHOLD INTEREST

The bank comprises a ground floor retail banking hall, first floor ancillary and staff rooms and a basement strong room and book room. There is a small yard to the rear of the branch used for parking. Tenure The property is held on an existing FRI lease due to expire 26/03/2027 at a passing rent of £25,000 per annum exclusive, with a break option scheduled for 26/03/2022 and a rent review scheduled 29/09/2019. 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 £25,000 pa. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £20,000.00 and the rates payable are £9,600.00 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

Eastcote is a suburban area situated within the London Borough of Hillingdon. Adjoining suburbs include Pinner, Ruislip and Rayners Lane. Eastcote underground station is situated in Zone 5 of the Metropolitan line. The subject premises are situated approximately halfway down Field End Road, which is the sole retail parade in Eastcote. There is a good mix of local and national retailers, including Boots, Costa, Tesco Express and Lidl.

Sizes and Measurements

Total Size

2,399sqft

Sales Area

1,146sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

1,146sqft

Status

Available

Available from

Now

First Floor

Details

Non-Sales

Size

834sqft

Status

Available

Available from

Immediately

Basement

Details

Non-Sales

Size

419sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Lease End

26/03/2027

Lease type

Assignment

For rent

£25,000/pa

UBR

48p

Ratable Value

£20,000.00

Business Rates

£9,600/pa

Floorplan

EASTCOTE

Photos

EASTCOTE FIELD END ROAD 199 LONDON.PIC

Map Data
Map data ©2019 Google
Map DataMap data ©2019 Google
Map data ©2019 Google
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