Key Features
• Double Fronted
• Corner Position
• Recently Refurbished
• Impressive Weekly Turnover
• Renewable Lease
Location
The premises are situated on a small parade of shops on Main Road (A118) and can be accessed directly from the A12 to the West of the property. Gidea Park Railway Station is located 0.5 miles to the South, servicing frequent journeys to Liverpool Street Station.
Accommodation
A newly refurbished double-fronted ground floor retail unit with rear access and storage, return frontage and WC. 1 car parking space is allocated to the property. Approximate areas and dimensions are as follows:
Retail Width 36' 9" ( 11.20 m)
Build Depth 48' 3" ( 14.71 m)
Ground Floor Sales Area 737 sq.ft ( 68.47 m2 )
Lobby to WC 48 sq.ft ( 4.46 m2 )
Storage 500 sq.ft ( 46.45 m2 )
Total 2,475 sq.ft ( 229.93 m2 )
Lease Terms
By way of an assignment of the existing lease expiring no later than 13th May 2025. Such lease as existing is included within the Security of Tenure provisions of the Landlord and Tenant Act 1954.
Rent
£36,000 per annum exclusive of all outgoings, payable quarterly in advance on the usual quarter days.
Rates
Rateable Value £33,315
UBR 2018/19 47.5p
Rates Payable £15,825
Interested parties are advised to verify these figures with The London Borough of Havering on
Energy Performance Asset Rating
This is how energy efficient
this building is
Listed Features
- Reception
- Storage
- Parking
- Refurbished
- Multiple Frontage
- General Retail
