A1 Retail | Fashionable Location | Excellent Footfall | E1 | Fixed price £30,000  

Lease

Five years, commencing 17th January, 2010

Demise

Ground & basement comprising the following approximate floor areas- Ground: 312 sq ft / 29 sq m’s Basement: 300 sq ft / 28 sq m’s Total: 612 sq ft/ 57 sq m’s

Amenities:

Solid wood floors, glazed frontage, WC, electric heating, security shutters
Turn-Key boutique due to assignor’s recent high quality refurbishment / fit-out which extended, not exclusively to new floors, new ceilings, new staircase, new electrics and a tanked basement

*Premium payable to assignor for high quality fit-out: *£50,000.00

Rent: £25,000 to 16.1.13/ £27,500 to 16.1.14/ £30.000 to 16.1.15

Business Rates: £3,531.08, current payable /£4,101.70, w.e.f: 06.04.12

Service Charge: capped to £1,500.00 p/a, rising in line with RPI

Use, per lease: A1 Retail – Fashion Clothing. A1 users falling outside of this description will be required to pay £20,000.00 to landlord

N.B: Landlord will grant a new 10 year FRI at £35,000.00 p/a, excl with a rent review at fifth. If this route is adopted, the premium referred to above will still be payable to assignor.