The bank is arranged over ground floor only. The first floor comprises a residential flat, which is not in the banks demise. Tenure The property is held on an existing FRI lease due to expire 23/06/2021. Rent The passing rent is £12,500 pa exclusive. Consideration Offers accepted on the basis of assignment or sub-lease at the passing rent of £12,500 pa. Rates We understand from the VOA website that the current rateable value of the property is £7,800 and the rates payable are £3,829. The UBR for 2019/20 is 49.1p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes.Less
Selsey is located on the south coast approximately 8 miles south of Chichester. Portsmouth is to west, Brighton is to the east, and London is approximately 70 miles north east. The property is situated on the southern end of the High Street, which is predominantly made up of local traders, however national retailers nearby include Boots, Lloyds Pharmacy and Co-Operative Funeral Care.
Sizes and Measurements
DetailsRetail Ground Floor
Lease Information & Charges
- Prominent location
- Consent for various uses
- Flexible lease terms available