Term: For a minimum of 3 years to a maximum of 15 years.
Review: Rent reviews at the end of each third year in an upward direction only.
Repairs: The tenant to be responsible for all repairs, decorations and maintenance of services, to the interior of the premises, together with the exterior of the front of the premises, and doors and windows.
Service Charge: The tenant to contribute a fair proportion towards the cost of repair and maintenance of the building of which the property forms part, and the provision of services where appropriate.
Alienation: The lease may be assigned with the Council's prior written consent. No sub-letting is permitted.
Insurance: The Council insures the building against damage by various risks with the premium recoverable from the tenant.
Business Rates: The tenant to pay the business rates in respect of the property.
Utilities: The tenant will be responsible for the payment of all utility bills and for maintaining the services in accordance with current regulations.
Fees: The tenant will be responsible for the administration costs and legal fees in connection with the letting process and preparation of the lease.
A payment of £750 towards these costs (£350 administration costs and £400 down payment towards legal costs) is required once the property is confirmed as being Under Offer to you. The fee is non-refundable unless there is fault on the Council's part.
The total legal costs (not including the administration costs) are likely to be in the region of £2,200, although higher value properties and protracted work may attract higher costs. The balance of these fees are payable on completion of the lease.
Rent Deposit: A Rent Deposit equivalent to 6 months' rent is payable on all new lettings, to be held throughout the term of the lease and any statutory continuation. No interest is payable, and the deposit may be drawn upon in the even of rent arrears or non-compliance with any lease covenants.
Rent in Advance: 3 months' rent in advance is payable on completion of the lease.
These are classes of planning use under the Town & Country Planning (Use Classes) Order 1987 and where listed against a property on the website are the lawful planning use that may be carried out at that property.
The classes are as follows:
- A1: a retail shop
- A2: professional and financial services (e.g. estate agency, bank)
- A3: restaurant or café
- A4: drinking establishments (e.g. pub or bar)
- A5: hot food takeaway
We act separately as Landlord and as Planning Authority. Planning matters are dealt with by our Environment Department. If you have any queries concerning either the individual property's lawful use of indeed what use class your own business would fall under, you are advised to make your own enquiries. The Duty Planner (0207 974 4444) may be able to offer assistance.
In limited circumstances it may be possible to change the use of the property. The Council (as landlord and owner) must agree to the change of use. You may also have to make an application for planning permission to change the use. In considering whether the proposed use is suitable for the property the Council will apply good estate management principles, including consideration of the impact of the use on existing competing premises and to surrounding properties
Camden may make available, on a short-term flexible basis, council-owned shops for which we have yet to find longer-term business tenants.
Any currently available will be listed in the 'Search Properties' page.