Lock-up shop with internally accessed rear yard

Of particular interest to Money Transfer, Pawn Shops & other Financial Service type operators.

687sq ft (63.89sq m)

(approx 800sq ft – 74.95sq m)

To Let

• Electric Shutter
• Aluminium shop front
• Close to a number of National occupiers
• Well located for public transport connections
• Heavy pedestrian footfall throughout the day

** Our client will not entertain a restaurant, take-away, butcher or wet fish shop **

Other Details

Accomodation

Comprising an extended ground floor lock-up shop laid out in clear space with WC facilities & a small-enclosed yard. Approximate floor areas & dimensions are as follows. Gross Frontage 15’ 9’’ (4.8m) Net Frontage 11’ 9’’ (3.58m) Built depth 63’ 6’’ (19.35m) Shop width 15’ 6’’ (max) (4.72) Sales area 800sq ft (74’ 4’’ sq m) in bold please. ** Our client will not entertain a restaurant, take-away, butcher or wet fish shop.

Amenities

• Electric Shutter • Aluminium shop front • Close to a number of National occupiers • Well located for public transport connections • Heavy pedestrian footfall throughout the day

Lease

A new FRI Lease is to be made available for a term to be agreed, subject to periodic upward only rent reviews. The Lease is to be drawn outside the Landlord & Tenant Act.

Rent

£29,500pax, paid quarterly in advance. VAT is not applicable.

Rates

Rateable Value: £18,000 Rates Payable: 2024/2025 £8,982 per annum From 01/04/24 until 31/03/25 at the earliest, a tenants rates liability will be based on paying 25% of the annual rates payable (RP). Whilst this information is provided in good faith, prospective tenants are advised to make their own enquiries to establish whether they qualify for full or partial rate relief.

Legal Costs

Both parties’ reasonable costs are to be borne by the ingoing tenant. Administration 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 legalities.

Viewing

Strictly by appointment through Bennett Phillips Luton | 0208 501 3000 Contact Marc Luton at marc@bennettphillips.com