The subject property comprises of a ground floor and mezzanine. The ground floor has been used for banking purposes and includes ancillary storage, toilets and a staff room. Tenure The property is held on an FRI lease expiring 20th May 2028 with a tenant only break option on the 20th May 2023. Rent £9,500 per annum exclusive. Rates We are informed by the Local Rating Authority that the current Rateable Value of the unit is: £13,500. The UBR for 2019/2020 is 49.1p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes.Less
Chatteris is a market town in the Fenlands of Cambridgeshire, located approximately 18 miles east of Peterborough and 20 miles north of Cambridge. The premises is in a prominent location within the main retail parade. Retail within the immediate vicinity are primarily made up of independent businesses. Lloyds Bank and Nisa Local are also nearby.