The bank is arranged over basement, ground, first and second floors. Ground floor consists of the main banking hall, with office and ancillary space on first and second floors. The basement holds the safe and vault. Tenure The property is held on an existing FRI lease due to expire 23/06/2021 at a passing rent of £64,000 per annum exclusive. Consideration Offers accepted on the basis of assignment or sub-lease at the passing rent of £64,000 pa. Rates We understand from the VOA website that the current Rateable Value of the shop is £55,500 and the rates payable are £27,972 pa. The UBR for 2019/2020 is 50.40p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes.Less
Reigate, an affluent commuter town on the outskirts of the M25 in Surrey, has excellent road and rail links to London and the surrounding area. The bank is situated on the corner where Church Street meets Market Square and Bell Street.
Sizes and Measurements
DetailsRetail Ground Floor
Lease Information & Charges
- Affluent Town
- Consent for various uses
- Flexible lease terms available