*Confidentially Available*              **NAMED CLIENTS ONLY**                                                     

SUBSTANTIAL DOUBLE RETAIL UNIT

WITH EXTENSIVE ADDITIONAL RETAIL / ANCILLARY STORAGE / WAREHOUSING & SECURE DRY BASEMENT

APPROX 5,342 SQ FT – (496.80m2

TO LET

Other Details

Accomodation

Comprising substantial retail premises offered in mainly clear space benefitting from having ancillary storage which could be adapted to increase the sales area. In addition there is warehousing with access directly onto a service road & a dry, full height basement. Approximate overall floor areas are as follows: Gross Frontage: 40 ft 6 ins (12.34 m) Shop Depth: 82 ft 0 ins (24.99 m) Shop Width: 38 ft 6 ins (11.73 m) Sales Area: 2,900 sq ft (269.7 m2) Ancillary Storage /additional sales 1,442 sq ft (134.10 m2) Basement Storage: 1,000 sq ft (93 m2) Total 5,342 sq ft (496.80m2)

Amenities

Extensive Town Centre Premises Short walk to all amenities inc Ilford (Elizabeth) Main Line Station Excellent rear servicing for deliveries Presented in mainly clear space

Lease

A new Full Repairing and Insuring Lease to be granted for a term to be agreed, subject to periodic upward only rent reviews.

Rent

£87,500 per annum exclusive, payable quarterly in advance. We understand VAT is not applicable.

Rates

Rateable Value 2021/2022 - £72,000 Rates Payable 2021/2022 - £35,928 per annum.

Legal Costs

Each party are to be responsible for their own legal costs 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.

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NAMED PARTIES ONLY & STRICTLY BY PRIOR APPOINTMENT