When does the current lease end?
The practice itself, as well as an attached flat, and also a house, are on the same premises and all owned by the Veterinary Practitioner.
The Vet practice has its own front and separate rear entrance, and the opportunity exists for the Buyer to lease the flat or the house should they choose to do so.
The practice will be given a 5 year lease at market related rental and subject to negotiation.
Is there an option of renewal & what period?
A 5 year period at least will be issued.
If desired, a lease may be offered on the flat or house too.
What is the annual escalation %?
Subject to negotiation in region of 8%
What are the trading hours?
08-00 to 17-00 Monday to Friday
Who is the Owner/Landlord?
The Seller of the business is the Landlord.
Is a copy of the lease available?
A new lease will be granted to the Buyer.
Do you require a licence?
All required licenses are in place.
What lease deposit and/or other surety is required?
Subject to negotiation.