Size
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469 to 938 sq ft (43.59 to 87.17 sq m)
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Lease / Term
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Annual renewable licence.
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Rent
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First floor: £15,000 per annum including service charge rising annually in accordance with RPI. Entire building : New FRI lease at a rent of £25,000 pax. Car parking £1,250 per annum per space.
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Rates
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The first floor will need to be independently re-assessed for rates but, based on the Valuation Office Summary Valuation, we estimate the Rateable Value to be approximately £10,000 payable at 49.9p in the £ (UBR 2021/2022). Therefore we estimate the rates payable for the year ending 31st March 2022 should be £4,990. Subject to eligibility, the premises would qualify for 100% Small Business Rate Relief. The entire property is assessed as Offices and Premises Rateable Value £20,000 at 49.9p in the £ (UBR 2021/2022). Actual rates payable should be £9,980 per annum.
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