The premises comprise the following approximate dimensions and net internal floor areas: Tenure The premises are available by way of assignment of an existing FRI lease expiring 25 March 2033. The passing rent is £4,030 per annum exclusive Quoting Price (Option 1 - Sale of Leasehold Interest) Offers in excess of £5,000,000 for the leasehold interest. Quoting Rent (Option 2 - Sublease) £400,000 per annum exclusive Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £317,500 and the rates payable are £158,432.50. The UBR for 2017/2018 is 49.9p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes.