Rent £12,000 per annum

Rates Payable Upon Enquiry

Service Charge £1,140 per annum Each

EPC Rating This property has been graded as C (70)

Description

161 and 163 Privett Road are x2 ground floor lock up shops with prominent frontage onto Privett Road. The shops benefit from a glazed shop front, suspended ceilings, LED lights, kitchen area, w/c and wash hand basin, and rear storage. There is parking at the front of the site.

Other occupiers consist of Co-Op, Coral, Laly's pharmacy, and other local retailers.

Terms

161 - £12,000 per annum, exclusive of rates, service charge & VAT.
163 - £12,000 per annum, exclusive of rates, service charge & VAT.

Available to let on a new flexible full repairing and insuring lease for a term to be agreed.

Business Rates

161 - £6,500 (£7,100 from 1st April 2026) Source - VOA
163 - £5,700 (£6,200 from 1st April 2026) Source - VOA

*Small Business Rates Relief of 100% is available for ratepayers occupying a single property with a rateable value up to and including £12,000 from 1 April 2017.

You are advised to confirm the rates payable with the local council before making a commitment.

Other Costs

Service charge - each property: £1,140 pa for the current service charge term.
Building insurance - each property: £675pa for the current term.
Each party to be responsible for their own legal costs incurred in the transaction.
Unless stated, all prices and rents are quoted exclusive of VAT.
VAT - is not applicable