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69-77 Week Street Week Street, Maidstone, ME14 1QU

£ 90,258 pa / 4,583 sq ft
69-77 Week Street, Maidstone - Picture 2019-04-09-09-09-50
Use Class

Use Class

E

Size

Size

4,583 sq ft

Rent pa

Rent pa

£90,258

Shop Lease for Sale

The premises are arranged over ground floor only.

The store is located in a prominent corner location on Week Street opposite Savers. Other national multiple retailers nearby include Tesco Express, McDonald’s, William Hill, Primark, Halifax and Superdrug.

Key Information

Viewing

For further information please contact the Appointed Agents.

Accommodation

4,583 Sq.Ft

Areas
Sq.Ft
Sq.M
Ground Floor
4,583
425.74

Financial

Lease Type

Existing Lease

Lease Term

15 year lease expiring 8 October 2028 incorporating a tenant only option to break on 7 October 2023. The current passing rent is £90,256 per annum exclusive, subject to 5 yearly upward only rent reviews to be the higher of the minimum amount (105% of prevailing rent) or indexed increase rent with the next review on 8 October 2023.

Rent

Subject to contract, rental offers are invited in the region of £90258 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Rates

We would strongly recommend all interested parties verify this with the Local Rating Authority.

Costs

Each party is to bear their own legal costs incurred in respect of this transaction.

Incentive

Incentives available.

Tenure

Leasehold

Rates

Rateable Year:
2019
Rateable Value:
£74,500.00
Rates payable:
£37,548.00
UBR:
50.4p/£

Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

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This was last updated on 08/06/2020