631 HIGH ROAD LEYTONSTONE

Shops,Leytonstone,E11 4PA,A1

Commercial information:

279 sq ft ( 25.9191 sq m)

Rent : £15,000.00 / Annum

Key features

Size: 279Sq ft | Property Type: Shops
Tenure: Leasehold | Area: Leytonstone | Postcode: E11 4PA

Location

The property is situated on High Road, Leytonstone (A12), immediately at the junction with Trinity Close, within 50 yards of High Road, Leytonstone Main Line station & 1 mile of Leytonstone (Central Line) station. The surrounding tenants are mainly local occupiers & include a pharmacy, nail bar, convenience stores & take-aways. The Imperial Venue (Banquenting) & The Continental Food Exchange are both close by.

Contact Details

Bennett Phillips Luton

199a High Road
Loughton
Essex
IG10 4LF


Tel : 020 8501 3000
Phone : 020 8501 3000
Fax : 020 8500 5008

Prominent shop front premises, Class E (Use) with return window frontage

 

To Let

 

631 High Road, Leytonstone, E11 4PA

Other Details


Accomodation

Comprising a prominent shopfront property, Class E (use) with return window frontage, laid out to provide a sales area. WC & kitchenette facilites are also provided. Approx dimensions & floor areas are as follows: Gross Frontage - 15' 0" (4.57m) Return frontage - 9'6" (2.89m) Return window frontage - 3'6" (1.06m) Shop depth - 14'6" (4.41m) Shop width - 20'3" (6.17m) Sales area - 279 sq ft (25.91m2)

Amenities

Laminate wood flooring Electric shutters Return corner frontage 50 yards form Leytonstone High Road Main Line Station.

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 will be granted outside the provisions of the Landlord & Tenant Act.

Rent

£15,000pax, paid quarterly in advance.

Rates

According to the Valuation Office Agency website www.voa.gov.uk website, the Rateable Value of the property is £8,400. 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

The ingoing tenant is to contribute towards the Landlords reasonable legal costs borne in this transaction. ADMINISTRATIVE FEE: Upon terms being agreed and prior to Solicitor’s being instructed, the prospective 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 sole agents Bennett Phillips Luton | 0208 501 3000 Contact Marc Luton at marc@bennettphillips.com


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