On the instruction of Barclays Bank Plc
Rayleigh is a popular and historic market town in the Rochford district of Essex, with a population of c32,000. Central London is approximately 37 miles to the west, with Southend approximately 6 miles south west and Chelmsford approximately 15 miles north. The town is well served by train with regular direct services to London Liverpool Street of just over 45 mins. Road links are also good with the A127 and A13 situated just a couple of miles from the town centre. The subject property is situated in a prominent position on the High Street, close to the town’s facilities and attractions. Occupiers in the immediate vicinity include Barclays Bank, Santander, Costa Coffee and Boots, to name just a few.
The property is available by way of a sublease expiring 24.12.22 (less a few days). The sublease will be granted outside of the security provisions of the Landlord & Tenant Act 1954. Alternatively, the landlord will consider a new lease for a term of 10 years plus.
Each party is responsible for their own costs incurred in a transaction.
Zero payable until 1st April 2021 as a Government tax break following the Covid 19 Pandemic. Prior to that:- Rateable Value £47,250 Rates payable £23,199.75
Rayleigh (0.3 miles)
Hockley (2.6 miles)
Battlesbridge (3.1 miles)