Comprising a Lock-Up shop (Class E) use, laid-out to provide a sales area with ancillary office & storage located towards the rear of the property. The shop also benefits from having a WC, small rear yard which is accessed from the shop only & a forecourt, suitable for either display purposes or parking for 2 cars. Floor Areas and Dimensions: 

Gross Frontage 19 Ft (5.79m)

Shop Depth 28 ft (8.53m)

Shop Width 14.3 ft (4.34m)

Sales Area 432 sq ft (40.17m2)

Office/Storage 83 sq ft (7.71 m2)

Ancilliary Storage 40 sq ft (3.72 m2)

Forecourt 217 sq ft (20.18m2)

Yard 144 sq ft (13.39m2)

Other Details

Accomodation

3 Spurway Parade Woodford Avenue IG2 6UU Lock-up Shop(Class E) Use To Let

Amenities

• Gas Central Heating • Tiled Floor • Aluminum Shopfront • Spot Lights • Forecourt Display/Parking for 2 cars • Short Walk to Gants Hill Central Line Station

Lease

A new FRI Lease is to be made available for a term to be agreed, subject to periodic upward only rent reviews

Rent

£13,000pax for the entire building, paid quarterly in advance.

Rates

Rateable Value 2019/2020 - £7.900 Rates Payable - 2019/2020 - £3,878.90 Retail & Leisure premises - no rates are payable until 31/3/21 at the earliest regardless of the RV. If occupying a single property only, with an RV up to £12,000 the Rates exemption is extended until 31/3/22 at the earliest.

Legal Costs

The ingoing Tenant is to be responsible for the Landlord's reasonable legal fees borne in this transaction. ADMINISTRATIVE FEE: Upon terms being agreed and prior to Solicitor’s being instructed, the prospective tenant or purchaser is to pay an administrative fee of £500 plus VAT to Bennett Phillips Luton. This fee will cover all associated administrative costs including any referencing fees incurred. In the event that the Landlord or Vendor withdraws from the transaction once solicitors are instructed, 50% of the fee will be refunded.

Possession

Immediate upon completion of legal formalities.