23 King Edward Street, Queens House Hull, HU1 3RL

Lease Term

The premises are offered on a new effective FRI lease for a term to be agreed, subject to upward only rent reviews every 5 years.

Rent

£27,500 per annum exclusive of rates and service charge.

Costs

Each party is responsible for their own legal and other professional costs incurred in the transaction.

Service Charge

We understand the 2023/2024 budget is £2,330.

Vat

Unless otherwise stated all prices and rents are quoted exclusive of VAT. Any intending purchaser or lessee must satisfy themselves independently as to the incidence of VAT in respect of any transaction.

Business Rates

We are advised the property is assessed as follows:- Rateable Value (April 2023) £18,250.00 UBR (2023/2024) 49.9p Estimated Rates Payable (2023/2024) £9,106.75 Estimated Payable with Retail Relief £2,276.69 For further details visit www.voa.gov.uk or contact the local Rating Authority. The Rates Payable may be subject to small business and/or other reliefs.

Rates