High Street Retail Property to Rent, 95/97 Connaught Avenue, , CO13 9PS - CBRE Commercial

Overview

LEASEHOLD INTEREST

The bank is arranged over ground, first and second floors. Ground floor consists of the banking hall, with office space on the upper floors. Tenure The property is held on an existing FRI lease due to expire 17/02/2026, with a break option on 17/02/2021. Consideration Offers accepted on the basis of assignment or sub-lease at the passing rent of £35,000 pa. Rates We understand from the VOA website that the current Rateable Value of the shop is £24,250 and the rates payable are £11,906 pa. The UBR for 2019/2020 is 49.1p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes.
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Location Description

Frinton-on-Sea is a small coastal town in Essex, close to Colchester and Clacton-on-Sea. The property is situated in a prime position on the main high street in the town, nearby national occupiers including Costa, Superdrug and Sainsbury’s Local.

Sizes and Measurements

Total Size

2,402sqft

Sales Area

1,448sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

1,448sqft

Status

Available

Available from

Now

First Floor

Details

Non-Sales

Size

477sqft

Status

Available

Available from

Immediately

Second Floor

Details

Non-Sales

Size

477sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Lease End

17/02/2026

Next Lease Break

17/02/2021

Lease type

Assignment

For rent

£35,000/pa

UBR

49.1p

Rateable Value

£24,250.00

Business Rates

£11,906.75/pa

Floorplan

FRINTON ON SEA_ 95 97 CONNAUGHT AVENUE GOAD

Photos

FRINTON ON SEA_ 95 97 CONNAUGHT AVENUE

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