Lock-up shop with basement storage

To Let

130 Woodlands Road, Ilford, IG1 1JP

Other Details

Accomodation

Comprising shop front premises (Class E) use, laid out in clear space with rear storage & WC facilities. The property further benefits from having full-height basement storage & small forecourt suitable for display purposes. Approximate floor areas & dimensions are as follows: Gross frontage 18’ 6’’ (5.63 m) Shop width (max) 13’ 6’’ (4.11m) Shop depth (max) 40’ 6’’ (12.34m) Sales area 517sq ft (48.03sq m) Storage 64sq ft (5.94sq m) Basement 260sq ft (24.15sq m) Forecourt 68sq ft (6.31sq m)

Amenities

Electric shutters Laminate wood flooring Aluminium shopfront Florescent tube lighting

Lease

A new FRI lease is to be granted for a term of 5 years subject to an upward only rent review, drawn outside the provisions of the Landlord & Tenant Act.

Rent

£17,000pax, paid quarterly in advance, VAT is not applicable.

Rates

According to the Valuation Office Agency website www.voa.gov.uk website, the Rateable Value is £11,000. We believe the property will be exempt from business rates in the event the tenant qualifies for Business Rate Relief however, interested parties are advised to make their own enquiries to the Local Authority to verify whether they are entitled to full or part relief.

Legal Costs

Both parties’ reasonable costs are to be paid by the ingoing tenant.

Possession

Immediate upon completion of legalities.

Viewing

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