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Agent's details

4 Court Street, Faversham, Kent, ME13 7AW

To rent: £25,000.00 Per Annum|1,572 Sq Ft|Retail - High Street, Retail

Property details

TO RENT£25,000.00 Per Annum
SIZE1,572 Sq Ft
ADDRESS4 Court Street, Faversham, Kent, ME13 7AW
TYPERetail - High Street, Retail
TENURETo Let
POSTED ON12th September 2021

Description

The property comprises a grade II listed bank premises with offices above together with rear car parking and from measurements taken from the plans offers the following approx. floor areas.

Lower ground floor stores - 619 sq. ft.
Ground floor banking hall/office/drum room - 1,593 sq.ft (ITZA 708 units)
First floor - 1,231 sq.ft.
Second floor - 748 sq.ft.
Total - 4,191 sq.ft.

The property is let on the following leases:
The lower ground, ground and part first floor is let to Barclays bank plc on a 20 year full repairing and insuring lease (subject to in going schedule and condition) from 16th January 2007 at a passing rent of £24,000 per annum. The tenant has an option to break in January 2022.
The second and part first floor is let to Sharon Stanmore on a 5 year full reparing and insuring lease from 16th December 2016 at a passing rent of £5,000 per annum. Both tenant and landlord have an options to break the lease in December 2019 and this lease is excluded from the security of tenure provisions of the 1954 Landlord and Tenant Act. The total rent is £31,000 per annum exclusive.



( Agency Pilot Software Ref: 16489 )

Location

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Location: 4 Court Street, Faversham, Kent, ME13 7AW

Faversham (0.3 miles)

Selling (3.4 miles)

Teynham (3.8 miles)

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