Shops,Rainham,RM13 9YX,A1 , Under Offer
560 sq ft ( 52.024 sq m)
Size: 560Sq ft | Property Type: Shops Tenure: Leasehold | Area: Rainham | Postcode: RM13 9YX
Bennett Phillips Luton
199a High Road
Loughton
Essex
IG10 4LF
Comprising a lock up shop laid out in open plan format with ancillary rear storage and WC facilities. To the rear there is car parking which is available on a first come, first served basis and is not demised or allocated. Approximate floor areas and dimensions are as follows:
Gross Frontage 20ft 0” (6.09m)
Shop Depth 30ft 3” (9.22m)
Shop Width 18ft 7” (max) (5.63m)
Sales Area 560 sq ft (52.08m2)
Storage 90 sq ft (8.37m2)
LOCK UP SHOP TO LET
*Manual shutter *Laminate wood floor *Inset spot lights *Suspended ceiling
A new Full Repairing and Insuring lease is to be granted for a term to be agreed subject to periodic upward only rent reviews.
£12,500 pax payable quarterly in advance
We are verbally advised by the Local Authority that the premises have been assessed for business rates as follows:- Rateable Value: £11,000 Rates Payable: (2017/2018) £5,126 per annum. We believe the property will be exempt from business rates in the event the tenant does not occupy any other business premises however, interested parties are advised to make their own enquiries to the Local Authority to verify whether they are entitled to full or part relief.
Both parties reasonable legal costs incurred in a transaction are to be borne by the ingoing tenant.
Immediate upon completion of legal formalities.
Strictly by prior appointment through sole agents: Bennett Phillips Luton 020 - 8501 3000
BUSINESS RATES RELIEF UPDATE 2022/2023
MoreThe Government has today released the proposed changes to the Use Classes Order which relates to land within England onl..
More