Leasehold / Freehold Terms
All rental offers will be considered.
- This property was last let as from 8 March 2005; the current passing rent is £25,000 p.a. exclusive. VAT is not payable.
- Current market conditions are acknowledged so all rental offers will be considered in the context of the length of lease required and the financial strength of the prospective tenant.
- A full repairing and insuring lease will be granted for a term to be agreed.
- All expenses i.e. gas, electricity, water rates, office cleaning, etc are split on a pro rata basis and will be invoiced monthly.
Freehold:
A letting is preferred but a freehold sale of the entire building will be considered – offers in the region of £750.000. The first floor comprises 2 office suites which are quite independent of the ground floor and enjoy their own entrance from The Square; these suites are at present let but full vacant possession could be provided if required by a purchaser.
Rates for Ground Floor
- Rateable Value Ground Floor (from 01 04 10) : £10,000
- Rate in the £ for the period ending 31/03/10 41.4
- Therefore Business Rates payable for year ending 31/03/2011: £4,070
NOTE: In accordance with the Estate Agents Act, 1977 a personal interest is declared.