Assignment or Sublease
The property is arranged over ground first and second floor with the following approximate areas and dimensions. Tenure The premises are available by way of an assignment of the existing lease expiring 5 March 2027. There is a tenant break option on 6 March 2022. Alternatively, the premises are available by way of a sub-lease until February 2022. Rent £20,000 per annum exclusive. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £12,000.00 and the rates payable are £5,760.00 pa. The UBR for 2018/2019 is 48.00p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposesLess
The property is located in the town of Thrapston, 12 miles east of Kettering and 13 miles northeast of Wellingborough. The property occupies a prominent position facing the High Street, at the corner of Chancery Lane, with occupiers including Domino’s Pizza, Coral and a good mix of local independent retailers.