FLOOR AREA
The area is approx. 3,014 sq ft
TENURE
Held for a term of 999 years commencing in 1995 at a ground rent of £100 per annum.
SUB TENANT
Approximately 1,090 sq ft is currently let for a term expiring on 20 November 2024 at a rental of £18,000 per annum exclusive. It is anticipated that vacant possession can be obtained if required
PRICE
£735,000 plus VAT for the benefit of the long leasehold interest
TERMS
to rent £18 per sq ft per annum exclusive plus VAT
SERVICE CHARGE
Circa £18,000 per annum plus VAT for the entire floor
RATES
Obtained from the www.voa.gov.uk website the combined rateable value is £37,500 and the rates payable for 2023/2024 are £18,712 per annum. Interested parties should confirm annual rates payable with the local Rating Authority.
EPC
TBC
LEGAL COSTS
Each party to be responsible for their own costs incurred
VIEWINGS
By appointment only via:
Howard Peterman of Petermans on:
020 8958 5040 or 07973 224048
howard@petermans.co.uk
Martin Berg of Michael Berman & Co
020 3897 1823 or 07770 815566
martin.berg@michaelberman.co.uk
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We are required by law to conduct anti-money laundering checks on all those selling or buying a property. Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy. The cost of these checks is £60 (incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required. This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable. We will receive some of the fee taken by Lifetime Legal to compensate for its role in the provision of these checks.
