Leasehold Interest Only
The bank occupies the ground floor only and only takes a Lease for this demise, the upper parts are occupied by residential tenants. The property has a hard frontage. Tenure The property is held on an existing FRI lease due to expire 29/06/2026 a passing rent of £32,000 per annum exclusive with a break at 29/06/2021. 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 £32,000 pa. Rates We are verbally informed that the rates payable at this location are £12,450, however, interested parties are invited to confirm this with the local rating authority.Less
The subject premises is located in Sudbury Hill, a predominately residential area approximately 11 miles north west of Central London. The property is located on a parade of eighteen retail units with two storeys of housing maisonettes above. The parade is located off Greenford Road with a small amount of road side parking outside the units.