Commercial Property at 152 London Road, Southborough
Retail property for rent in Southborough TN4 0TJ to let
152 London Road
351 sq ft
The property comprises a lock-up shop with a separate room to the rear. Off this room is a WC.
There is an intruder alarm system.
The property has the following dimensions and net usable areas:-
Internal Width: 4.19m (13 ft 9in)
Shop Depth: 8.28m (27 ft 2in)
Retail area: 32.63m2 (351 sq ft)
Rear area: 6.89m2 (74 sq ft)
An assignment of the existing lease is offered, expiring on January 8th 2016. The lease is on full repairing and insuring terms.
£8,000 per annum exclusive, payable quarterly in advance by direct bank transfer.
From the Valuation Office Agency web site, the shop has a Rateable Value of £7,800 under the 2010 Rating List. The Uniform Business Rate for 2012/13 for small properties in 45 pence on the Pound.
Small Business Rate Relief may be available. Interested parties are advised to make their own enquiries of the Local Rating Authority, tel 01892 526121.
A rent deposit of £4,000 will be required as security against the performance by the tenant of all covenants within the lease.
The ingoing tenant will be required to pay the assignor’s and freeholder’s legal costs in connection with the assignment.
ENERGY PERFORMANCE CERTIFICATE:
The Energy Performance Certificate is attached. The Recommendation Report can be made available on request.
Wood & Pilcher Commercial
23 High Street