Ground floor showroom with separate office, kitchen, storage and WC.
Location
The premises are situated on a very visible position at Hainault Road & Eastern Avenue West bound carriage (A12) adjacent to the junction with North Street that leads into Romford Town centre. The Surrounding area benefits form a highly populated residential catchment with excellent bus routes to Romford, Collier Row, Chadwell Heath towards Essex and Ilford, Goodmayes towards East London.
Accommodation
Kitchen - 2.946 sq m (31.71 sq ft)
Office - 10.94 sq m (117.76 sq ft)
Store - 17.9 sq m (192.67 sq ft)
Total Showroom Area (GIA) - 203.77 sq m (2,193.36 sq ft)
Terms
Use - The unit has an E Class Use
Term - A new FRI lease will be granted for a term of 10/15 years with periodic rent reviews.
Rent - Offers in the region of £35,000 pax + VAT
Rates (From April 2023)
Rateable Value £29,750
Rates payable £14845.25 pa
(Interested parties are advised to verify these figures with the London Borough of Havering)
Legal Costs - Ingoing tenant to pay the landlord’s legal fees of £1500 + VAT
Reference Charge - Countrywide Commercial (UK) Ltd charges an admin fee of £350 + VAT to carry out credit checks, AML and references for proposed tenants. This fee is non-refundable once the checks have been applied for whether they are accepted or not by the landlord.
Holding Deposit - Tenants wishing to secure this property may be required to pay a holding deposit to Countrywide Commercial of £2000. This deposit is not refundable except if the vendor withdraws, clear title cannot be proven or the tenant’s references, AML, and Credit checks are not acceptable to the landlord. This deposit is held in our client’s account until completion.
Specification
- 2193 sq. ft / 203.77 m2
- New Lease Available
- Rent - £35,000 pax + VAT
- 1 Parking Space
- Large Frontage
- Secure Loading/Unloading
- Busy Traffic Flow
- Former Bathroom Showroom
- Highly Visible Frontage
- Excellent Traffic Flow
- Suit Variety of Uses
- Airconditioning
- Intruder & Fire Alarm
- CCTV