ACCOMMODATION: The property comprises of a ground floor lock up shop with toilet facilities to the rear. The sales area is approximately 46m².
BUSINESS RATES: We understand verbally from Erewash Borough Council that the Rateable Value of £4600.00, with rates payable for 2017/2018 of £2203.40. Certain newer or smaller businesses may be exempt from business rates and prospective tenants should contact the council for further information.
TERMS: This available to let on a new FRI sub lease to expire no later than 31st August 2024. Any letting will be outside of security of tenure provisions within the Landlord & Tenant (1954) Act.
COSTS: The ingoing tenant will be responsible for the landlord’s costs in preparing the lease or licence agreement which are fixed at 7.5% plus VAT. This fee is payable on submission of the tenancy application, as well as the deposit. The deposit and other fees are by negotiation.
LEGAL COSTS: The ingoing tenant is responsible for their own legal costs incurred in the transaction.
SERVICE CHARGE: A service charge is payable to cover the landlord’s apportioned running costs on an ad hoc basis.
VAT: Prices, outgoings and rentals are exclusive of, but may be liable to VAT.
NOTES: None of the services, appliances (if any) or heating installations, plumbing or electrical systems have been tested by the agents unless stated, but they are believed to be in working condition.
VIEWING: Contact Wallace Jones Estate Agents on 0115 9468946 or Michaelfirstname.lastname@example.org.