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SHOP
FAVERSHAM
88/90 West Street, ME13 7JQ
Retail Unit TO LET (STEPPED RENT)
199.83 Sq m (2,151 Sq ft)
Location
The premises are situated on the edge of the Morrisons car park fronting Queen Street, on the western fringe of Faversham town centre.
The Morrisons store comprises circa 2,538 sq m (27,300 sq ft) with free parking for some 150 cars.
Description
The unit comprises premises arranged over ground and first floors.
Planning
The premises have most recently been utilised for retail purposes although could be suitable for a variety of uses subject to planning.
Rating
We are verbally advised the 2010 Rateable Value for the premises is £5,800, the UBR for 2010/2011 being 40.7p.
Interested parties are advised to make their own enquiries to the Local Authority for verification purposes.
VAT
All figures quoted are exclusive of Value Added Tax which will be charged at the prevailing rate.
Accommodation
The premises comprise the following approximate floor areas:
| Sq m | Sq ft | |
|---|---|---|
| Ground Floor | 105.26 | 1,133 |
| First Floor | 94.57 | 1,018 |
| Total Accommodation | 199.83 | 2,151 |
Note: The above areas have been calculated on an approximate net internal basis and must be verified by the ingoing tenant.
Terms
The unit is available by way of a new lease for a term to be agreed subject to a stepped rent over the first 5 years of the term in order to assist the tenant in repairing and fitting out the premises.
Year 1 £5,625 per annum exclusive
Year 2 £8,500 per annum exclusive
Year 3 £10,500 per annum exclusive
Year 4 £11,500 per annum exclusive
Year 5 £13,500 per annum exclusive
Viewing
Strictly by appointment through sole agents.
Contact
