2061 sq. ft (191.47 m²)
Key features
- Ground Floor Commercial Unit
- 2,061sq ft
- Held on F.R.I Lease to TSB Plc
- Expiry 23rd May 2027
- Passing £40,000p.a.
- Price: £425,000
Description
Ground Floor Commercial Unit
2,061sq ft
Held on F.R.I Lease to TSB Plc
Expiry 23rd May 2027
Passing £40,000p.a.
Price: £425,000
Property
The property comprises the ground floor retail / banking unit of a B-listed, four-storey stone building with traditional pitched slate roof. The upper floors are residential and not included in the subjects for sale.
The subject property benefits from glazed double retail frontage and both front and rear access, with the rear fire escape providing access to two car parking spaces. The
current fit out was installed by the tenant and is arranged in a traditional basic banking format including a front customer area and meeting rooms, counter and service area with security screen, and rear office and ancillary staff areas. The unit has a suspended ceiling and air conditioning system.
Area
191.47sqm (2,061sq ft)
Lease Summary
The property is held on a full repairing and insuring head lease expiring 23rd May 2027 at a passing rent of £40,000p.a.x
TSB Bank plc is a British retail and bank company based in Edinburgh, Scotland, with an Experian Credit Check Report score of 100/100 -Very low risk. The company employs over 6,000 members of staff and has 175 branches throughout the United Kingdom.
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