SUBSTANTIAL DOUBLE RETAIL UNIT (APPROX 2,494 SQ FT (233.33M2) TO LET 31-33 COLLIER ROW ROAD COLLIER ROW, ROMFORD RM5 3NR

Other Details

Accomodation

Comprising a substantial double retail unit offered both in clear space and shell condition with 2 x WC’s and an area which was previously used as a staffroom/kitchen. To the rear there is access for deliveries via a service road and a double lock-up garage suitable either for parking or additional storage purposes. Approximate floor areas and dimensions are as follows: Gross Frontage: 37 ft 0 ins (11.27m2) Shop Depth: 78 ft 9 ins (24.04 m2) Shop Width (ave) : 34ft 0 ins (max) (10.36m2) Sales Area: 2494 sq ft (231.94m2)

Amenities

* Substantial frontage. * Rear access for deliveries. * Close to multiple occupiers

Lease

A new Full Repairing and Insuring lease is to be made available for a term to be agreed, subject to periodic upward only rent reviews.

Rent

£37,500 per annum exclusive, payable quarterly in advance.

Rates

We are verbally advised by the Local Authority that the premises have been assessed for business rates as follows:- Rateable Value: (2021/2022) £42,250 Rates Payable: (2021/2022) £21,632 per annum

Legal Costs

Both parties’ reasonable legal costs incurred in this transaction are to be borne by the ingoing tenant. 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.

Viewing

Strictly by appointment