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LOCATION:
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The
premises are located on Romford Road, Forest Gate London & Close to
Woodgrange Park Overground station. This location presents a high footfall
and is within walking distance of transport links and close to local
businesses drawing in a higher footfall.
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DESCRIPTION:
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Single
fronted shop unit with retails space, 2 storage room, kitchen & toilet
area, access to yard and exterior storage.
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USES:
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Class
E
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PREMIUM:
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£80,000
for the benefit of the lease, fixtures & fittings.
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RENTAL:
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£27,000
per annum that includes the 2-bedroom upper parts which is rented at £1800
per month with a yearly income of £21,600 which covers 80% of the rent in
total
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TERMS:
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9
Years renewable lease
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BUSINESS
RATES:
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None
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SIZE:
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Approximately
581 sq ft shop front 250 sq ft storage
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STAFF:
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Owner
managed
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UPPER
PARTS:
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2
Bedroom upper parts which are rented at £1800 per month with a yearly income of £21,600 which covers 80%
of the rent in total
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LEGAL
COST:
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To be
confirmed
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LOCAL
AUTHORITY:
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Newham
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ENERGY
PERFORMANCE CERTIFICATE:
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Energy
Performance Asset Rating is 100 Rating. D copy of this property’s energy
performance certificate is available on request
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REFERENCE
CHARGE:
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London
Properties charges a fee of £200 plus VAT for taking up references for
proposed tenants. This fee is nonrefundable after the references have been
taken up, whether they are accepted or not by the Landlord.
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HOLDING
DEPOSIT:
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A
holding deposit will be required to secure the property; the deposit will buy
a period of exclusivity and will be held in the London Properties client
account
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FIXTURE
& FITTINGS:
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Any
fixtures, fittings, equipment, machinery and plants which are shown within
the details have not been tested unless specifically said and prospective
purchasers and/or tenants should satisfy themselves as to the condition
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AGENT
NOTE:
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London
Properties for themselves for Lessors, Vendors and their agents, give notice
that:-
1.
These particulars provide a general outline only. It is advised that
prospective purchasers or tenants make their own enquiries.
2.
These details do not constitute any part of an offer or contract.
3. All
statements or details contained within these particulars are without any
responsibility on any part, to London Properties.
4. All
rent prices, fees and charges are quoted exclusive of VAT
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VIEWINGS:
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Through
London Properties by appointment only
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