The shop premises are arranged over ground floor only and consist of the following areas: Tenure The property is held on an FRI lease expiring 13th June 2021 at a passing rental of £31,500per annum exclusive. Consideration Sublease until expiry, alternatively new lease via the landlords. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £27,500.00 and the rates payable are £13,502.50 pa. The UBR for 2019/2020 is 49.10p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes.Less
The subject property is located on a prominent corner location with frontage onto Stockwell Road.