Savills UK & Ireland
Matthew Rice
Direct: 0113 220 1232Steve Henderson
Office: 0113 220 1206Mobile: 07870 999 618Use Class E(a)
4,722 sq ft
£110,000
Use Class
E(a)
Size
4,722 sq ft
Rent pa
£110,000
Marketed by Savills UK & Ireland
A1/A3 Retail/Leisure Unit - Lease For Sale/To Let
The property is a ground floor retail unit.
The Property is situated on Albion Street, close to the junction with Merrion Street, adjacent to The Light and opposite the St Johns and Merrion Shopping Centre. The Location forms an extension of the leisure pitch provided by The Light on the North of Albion Street, where retailers include Tiger Tiger, Prezzo, Frankie & Benny’s, Turtle Bay, Icestone Gelato and Yates.
A1 - A1 / A3 Retail Leisure Unit
Strictly by appointment.
Accommodation details below:
sq ft | sq m | |
Ground Floor | 4,722 | 438 |
The premises are available by way of assignment. The property is held on a 15 year Effective FRI lease which started on the 5 September 2017. Currently held at a passing rent of £110,000 per annum, to be subjected to RPI rent reviews on 7 September 2022 and 2027.
We are verbally informed by the Local Rating Authority that the premises have been assessed for rating purposes as shown above. Interested parties are advised to make their own enquiries to the Local Authority.
Rateable Year: | 2019 |
Rateable Value: | £140,000.00 |
Rates Payable: | £68,600.00 |
UBR: | 49p/£ |
Each party is responsible for their own legal and other professional costs incurred in the transaction.
The current on account service charge for 2019 is £2,070.
EPC available upon request.
29/10/2019
All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.
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