Tenure: Leasehold
Rent: £29,500 Per annum
Legal fees: Both parties to be borne by the ingoing tenant/purchaser
Rateable value: The VOA website states a rateable value of £17,500, payable at the prevailing rate.
Lease details: New 10 year lease with 3 yearly Rent Reviews. Lease to be drafted outside the Landlord and Tenant Act 1954.