Substantial Triple Fronted Premises with Prominent Return Glazed Frontage

Gross overall floor area 2,543sq ft (236.2sq m)

TO LET

Amenities:

•             Prominent triple fronted premises.

•             Return corner frontage.

•             High Street Location.

•             Close to multiple occupiers.

•             Short walk from Barkingside Central Line station.

Other Details

Accomodation

Comprising a highly prominent triple fronted shopfront premises with return corner frontage, benefiting from Class E use. The premises are currently laid out to provide a ‘Banking Hall’ with counter service, self-service machines, private meeting rooms, staff room & WC facilities. There are 2 points of entry / exit leading onto a service road. Approximate floor areas & dimensions are as follows: Gross frontage 56’ 0’’ (17.06m) Return window frontage 20’ 0’’ (6.09m) Hard return frontage 33’0’’ (10.05m) Shop depth 53’0’’ (16.15m) Shop width 49’ 3’’ (15m) Gross overall floor area 2,543sq ft (236.2sq m)

Amenities

• Prominent triple fronted premises. • Return corner frontage. • High Street Location. • Close to multiple occupiers. • Short walk from Barkingside Central Line station.

Lease

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

Rent

£90,000pax, paid quarterly in advance.

Rates

Rateable Value 2023/2024 - £75,000 Rates Payable 2023/2024 - £38,400 per annum Retail & Leisure premises - From 01/04/23 until 31/03/24 at the earliest, a tenant’s 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

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, 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

Vacant possession is envisaged in April / May 2024.

Viewing

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