The bank comprises a ground floor retail banking hall, with storage and bank meeting rooms on the 1st and 2nd floors. Tenure The property is held on an existing FRI lease due to expire Lease Break 01/05/2026 at a passing rent of £34,150 per annum exclusive, with a break option scheduled for 01/05/2021. 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 £34,150 pa. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £40,500 and the rates payable are £19,440 pa. The UBR for 2018/2019 is 48p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposesLess
West Byfleet is a village in Surrey which benefits from it’s railway stop on the London & South Western Railway. The conurbation is relatively small albeit it contains a number of larger office buildings served by the local high street. A nearby occupier of note is Lloyds Banking group. There are also numerous other local occupiers across the retail and restaurant uses. It is worth noting the medium office populations located nearby, with a number of these being directly opposite the subject property.
Sizes and Measurements
DetailsRetail Ground Floor
Lease Information & Charges
- Prominent corner building
- Good local district high street
- A3 options subject to planning