LEASEHOLD INTEREST

The bank comprises a basement vault, ground floor retail unit previously used as a banking hall. Tenure The property is held on an existing FRI lease due to expire 03/07/28 at a passing rent of £27,700 per annum exclusive, with a break option scheduled for 03/07/23. 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 £27,700 pa. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £ and the rates payable are £ pa. The UBR for 2018/2019 is p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes
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Location Description

Becontree is a large housing estate of approximately 4 square miles in the London borough of Barking and Dagenham. It is located 11 miles east-northeast of Charing Cross. Green Lane is a major and prominent road at this location. Nearby occupiers of note include Iceland and other banking operators and betting shops further up the same high street.

Sizes and Measurements

Total Size

2,000sqft

Sales Area

1,120sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

1,120sqft

Status

Available

Available from

Now

Basement

Details

Non-Sales

Size

880sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Lease type

Assignment

For rent

£27,700/pa

Floorplan

DAGENHAM_ 951 GREEN LANE

Photos

DAGENHAM_ 951 GREEN LANE

Other properties in this area

BESbswy