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Horse & Radish Burford Rd 3,132 SF of Assignment Available in Minster Lovell OX29 0RZ
ASSIGNMENT HIGHLIGHTS
- Brick construction
- Under a pitched slate roof
- Rendered and painted elevations
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 3,132 SF | Jun 2041 | $29.91 /SF/YR $2.49 /SF/MO $93,669 /YR $7,806 /MO | Fully Repairing & Insuring |
Ground
The property is held on the remainder of a 20 year Free of Tie lease which commenced in June 2021. The passing rent is £74,000 per annum. Rent reviews are each fifth year to open market with annual indexation and the next review is in 2026. The security deposit is £15,000. The lease benefits from renewal rights under the Landlord & Tenant Act 1954 (Part II). A copy of the lease is available on request to seriously interested parties. The assignor is seeking a premium of £100,000 for the benefit of the lease, licence, any remaining fixtures and fittings, benefit of the planning permission and any goodwill.
- Use Class: E
- Assignment space available from current tenant
- Partially Built-Out as a Restaurant or Café Space
- Space is an outparcel at this property
- Kitchen
- Secure Storage
- Demised WC facilities
- New flexible lease
- Premium fit out
- Lots of natural light
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
PROPERTY FACTS
| Total Space Available | 3,132 SF | Gross Leasable Area | 3,132 SF |
| Property Type | Retail | Year Built | 1900 |
| Total Space Available | 3,132 SF |
| Property Type | Retail |
| Gross Leasable Area | 3,132 SF |
| Year Built | 1900 |
ABOUT THE PROPERTY
A detached property of brick construction being of two floors above ground level with rendered and painted elevations under a pitched slate roof. Located to each side are single storey pitched roof extensions and to the rear is a single storey pitched slate roof lean-to extension. The left side plot benefits from a dual entrance from the Burford Road leading to tarmac car-park; the ride side plot has a stone driveway and parking area leading to the undeveloped paddock.
Presented by
Horse & Radish | Burford Rd
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