LOCATION

The retail unit is situated on a parade of shops on the busy B5378 in Borehamwood with a parking lay-by situated immediately outside the unit.

Occupiers in the vicinity include Coral, Paddy Power, Papa John’s, Halifax, Subway, Greggs, TUI Holiday, KFC and Savers as well as a host of independent operators.

ACCOMODATION

The premises comprise of a ground floor retail unit with glazed shop front, with electric roller shutter. The main retail area is in open plan with staff area and ancillary accommodation beyond (see plans). The property is categorised as either Sui Generis or class A1/A2 of the Town & Country Planning (Use Classes) Order 1987.


RENTAL

The passing rent is £30,000 pax subject to a rent review on 28th April 2021 (details available on request).


TENURE

The property is held on a 15-year lease due to expire on 28th April 2026 (inside the ‘Act). Available by way of Assignment – Offers Invited.


RATES PAYABLE

We understand from the Local Rating Authority that the current rateable value for the property is £20,840.00 and that the Rates Payable figure was £10,802 (20/21).


TERMS

Each party to bear their own costs.