FREQUENTLY ASKED QUESTIONS – RETAIL LETTINGS

 Go back to Stonham Barns FAQ

CAN I HAVE A SHORT TERM LICENCE ?

Each workshop and unit is available under a 5 month and 3 weeks licence, (longer terms easily accommodated).

The Licensee has responsibility to keep the interior in good and tenantable repair and condition.

HOW IS THE RENT PAID ?

All rents listed in these details are exclusive of  rates and services.  It is a requirement that rent is paid by Standing Order.

The buildings are not VATable but the Licensor does retain the right to elect to do so, at any time.

IS THERE ANY LEGAL COSTS ?

There are no costs involved for the licence agreements but costs may be payable when taking out a lease.

DO I NEED TO PAY A DEPOSIT ?

A refundable deposit is required from each Licensee, equivalent to one month’s rent, payable upon completion of the formalities.

VIEWINGS

Viewings are by appointment only. Please call Alan Forward on 07860 431467

CAN I HAVE A LEASE ?

Yes a 5, 10 or 15 year lease is available.

ARE BUSINESS RATES PAYABLE ?

The tenant is responsible for paying the Business rates. Depending on the size of the building you may get 100% rate relief

DO I NEED INSURANCE ?

Yes The tenant is responsible for their own contents insurance. You may also need to pay a fair proportion of building insurance to the landlord.

IS ELECTRIC, GAS & WATER INCLUDED IN MY RENT ?

On some of our sites some or all of these may be included in the rent. If they are not included they will be on individual sub meters so you will only be charged for what you use.