Overview

Leasehold Interest

The property comprises ground and first floor only with no car parking included in the demise. Tenure The property is held on an existing FRI lease due to expire 18/03/2028 at a passing rent of £14,000 per annum exclusive with a break option scheduled 18/03/2023. The lease is held inside the security of tenure provisions of the Landlord and Tenant Act 1954. Rent Offers accepted on the basis of assignment or sub-lease at the passing rent of £12,000 pa. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £14,500.00 and the rates payable are £7,119.50 pa. The UBR for 2019/2020 is 49.10p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes
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Location Description

Steyning is a small rural town and civil parish in the Horsham District of West Sussex, England. It is located at the north end of the River Adur gap in the South Downs, four miles north of Shoreham-by-Sea.   There are a number of local tenants on the same high street where the bank is located. These serve a local population and provide local goods and services to the town.

Sizes and Measurements

Total Size

1,432sqft

Sales Area

820sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

820sqft

Status

Available

Available from

Now

Basement

Details

Non-Sales

Size

612sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Lease type

Assignment

For rent

£14,000/pa

UBR

49.1p

Ratable Value

£14,500.00

Business Rates

£7,119.50/pa

Specification

  • Former Bank premises
  • Consent for various uses
  • Flexible lease terms available

Floorplan

STEYNING

Photos

STEYNING

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