Letter to Mr Nigel Griffiths MP
from J & E Shepherd, Chartered Surveyors
Following your recent instructions we have carried
out an inspection over the property at the above address with
a view to advising on an appropriate rental assessment.
We have been asked to provide a brief report only
at this stage however, we shall be happy to elaborate if this
For the avoidance of doubt the subjects comprise
a ground floor and basement corner shop unit now utilised as office
premises, with a large display frontage to both Minto Street and
the adjacent West Mayfield.
The shop extends to 102.54m2 (1,103ft2)
over the two floors and is in good condition throughout.
This is a popular locality, surrounded in the main
by good quality residences, and being one of the main routes south
from the city centre.
On the assumption that a lease was struck in 1997
we are of the opinion of a fair rental from that date would have
been £12,000 per annum, assuming normal Full Repairing and
Insuring Terms and with no unusual lease terms or provisions.
We trust the foregoing is adequate for your present
purposes, however should you require any further information or
clarification, please do not hesitate to contact us.
12 December 2001