4 Court Street, Faversham, Kent, ME13 7AW – Faversham
For sale £395,000 4,191 sq ft Space for 39 people (est)
sq ft (389.34 sq m) 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.
Ground floor banking hall/office/drum room - 1,593 sq.ft (ITZA 708 units) First floor - 1,231 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 £29,000 per annum exclusive.
Faversham is an historic market town in east Kent approximately 10 miles west of Canterbury and 20 miles east of Maidstone, the county town. This town has excellent road communications being only a mile and a half from junction x of the M2 which provides rapid access to the M25 and the rest of the national motorway network. The town also benefits from a good train service, with services to London Bridge, St Pancreas and Cannon Street.
The building is in the heart of the town centre just a few yards from the Guildhall and regular street market.
This office for sale is located in Faversham.