Hair & Son are delighted to offer to the market this lock up retail unit which is located opposite The Woodmans pub and close by to central Rayleigh. The premises has recently been re-decorated and re-wired by the current tenant. Current occupiers include a convenience store, hair salon, nail salon and carpet shop - **There are to be no duplicate uses on the parade.**
The property is arranged over basement and ground floor. The ground floor provides the main sales area with a strongroom and safe located at basement level. Tenure The property is held on an existing FRI lease due to expire 11/01/2022 at a passing rent of £14,900 per annum exclusive with a rent review scheduled 25/12/2018. The lease is held inside the security of tenure provisions of the Landlord and Tenant Act 1954. Consideration Offers accepted on the basis of assignment or sub-lease at the passing rent of £14,900 pa. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £12,250.00 and the rates payable are £5,880.00 pa. The UBR for 2018/2019 is 48.00p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes
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77b Hart Road Benfleet Essex SS7 3PB
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