The property comprises a ground floor retail unit, currently arranged as a banking hall to the front and ancillary accommodation to the rear, with a return frontage onto Mermond Place. Tenure An assignment of an existing effectively Fully Repairing and Insuring lease expiring 14th June 2027. There is a tenant only break option dated 14th June 2022. Rent The current passing rent is £23,000 per annum. The next rent review is dated 25th December 2022. Rates From information provided by the Valuation Office website we are informed that the current rateable value of the bank is £12,250. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes. The Uniform Business Rate (UBR) for England for the year 2018/2019 is 48p per pound rateable value.