description
Well established shopping block situated on Skyline Drive off the Belsize Road in a densely populated residential area and benefitting from a large car park to the front of the centre and rear service access.
A great opportunity to re-open a convenience store under a new branding. Immediately available.
Other occupiers within the centre include Winemark, Zakks Barbers, Froth Coffee Shop, Tanya Rolf Beauty Clinic, Golden Bay Hot Food, Artisan Hairdressing Salon, Long John’s launderette, Vintage Fish & Chips and Elite Health & Fitness.
Accommodation c. 114 sq m (1,230 sq ft)
LEASE DETAILS
Term:
Negotiable, subject to a minimum of 5 years.
Rent Review:
Upwards only every 5 years.
Rent:
£20,000 per annum, exclusive.
Repairs & Insurance:
Tenant to be responsible for all repairs and reimbursement of the building insurance premium to the Landlord.
Service Charge:
Levied to cover a fair proportion of the Landlord’s costs of site maintenance, site repair and any other reasonable outgoings of the Landlord. Estimated to be £1,400 per annum.
Buildings Insurance:
Tenant responsible for payment of portion (approx. £250 per annum) of the insurance premium for the block.
RATES INFORMATION
We are verbally advised by the Valuation & Lands Agency that the Rateable Value of the property is £18,300.
Rate in the £ 2020/21 = 0.5056
Therefore current Rates payable approx. £9,250.
NOTE: Tenants have a rates holiday for the current financial year up until March 2021.
SECURITY DEPOSIT
A deposit of 3 months rent will be required by the Landlord as Security Deposit in case of default. The Landlord may also require a Guarantor.
For further details contact Barney Goan Tel: 02890 500 100