Property Type | Retail |
Tenure | Lease Assignment |
Size | 945 sq ft |
Rent | £19,000 per annum per annum exclusive of rates, service charge VAT & all other outgoings. |
Rates Payable | £4,990 per annum The property may qualify for 100% small business rate relief, interested parties should make their own enquiries to confirm. |
Service Charge | The tenant will be responsible for 50% of repairs to the structure of the building as required. |
EPC Rating | This property has been graded as D (84) |
A charming retail unit arranged over ground, upper ground, lower ground & basement levels with a WC situated at lower ground floor. Formerly a chemist for many years features include 2 feature stain glass & leaded windows above the main shop windows.
Name | sq ft | sq m |
Ground | 338 | 31.40 |
Upper Ground | 163 | 15.14 |
Lower Ground | 163 | 15.14 |
Basement | 281 | 26.11 |
Total | 945 | 87.79 |
The subject premises is situated on the southern side of Preston Drove, close to the Fiveways junction with Ditchling Road, Stanford Avenue & Hollingbury Road. Nearby occupiers also include Rustico, Fiveways Arts & Crafts, Tilt, Wigwam & The CO-OP
Available by way of assignment of existing effective full repairing & insuring lease for a term of 5 years from February 2022. The lease is excluded from sections 24-28 of the landlord & tenant act 1954.
The lease restricts trading hours to 9am & 6pm Monday to Saturday inclusive. The property is allowed to be used as a high end furniture shop with ancillary sale of gifts, accessories & clothing within Use Class E. Any other use subject within class E subject to the landlords discretion.
Premium offers are invited in the region of £5,000 for the leasehold interest.