Comprising ground floor office/retail area. Premises benefit from gas fired central heating, suspended ceiling and lighting, plastered and painted walls.
40.95 m2 (441 ft²) approx
Currently subdivided by stud walls which could be removed
40.95 m² (441 ft²) approx
WC on ground floor level
Five years or longer by negotiation
£12,000 per annum + VAT plus rates
We are verbally advised by the Valuation and Lands Agency that the NAV of the property is as follows:
Ground Floor Office: £9,400
The rate in the £ 2022/2023 is 0.551045
Rates payable based on the above figures would be £5,179.82 per annum approximately before any discounts such as Small Business Rates relief are applied. (See below)
A 20% discount is available for the 2022/23 tax year under the small business rates relief scheme meaning the rates payable for that period would be reduced to £4,143.86 approximately.
Shall be charged on rent and outgoings
The tenant shall be responsible for all repairs
Tenant responsible for repayment of their share of building insurance premium.
Strictly by appointment with Macfarlane & Smyth.
For further details please contact Andrew Smyth.
Disclaimer: The following calculations act as a guide only, and are based on a typical repayment mortgage model. Financial decisions should not be made based on these calculations and accuracy is not guaranteed. Always seek professional advice before making any financial decisions.