Let agreed
Property available on: 19/11/2014
- Newly Refurbished
- Fully Fitted With 30 Seat Covers
- Located On Popular High Street
- Large External Lounge
- Over 1,100 sq ft
- A1/A2 Use Shop
This is a great opportunity to acquire an excellent shop located on the popular Ilford Lane, previously trading as a Café and Coffee shop'. This is a very popular residential and commercial area with major shopping facilities along the High Road and within the Exchange Mall Shopping Centre, where multiple retailers include Marks and Spencer, TK Maxx and Debenhams and Sainsbury very close by.
This commercial site consists of a large ground floor space. The ground floor benefits are a large glass front, large counter area with fridge freezer, fixtures and fittings throughout, toilet, ample storage rooms, a large external lounge area at the back, parking at the front and back access.
Accommodation
Ground floor shop:
Width/Frontage: 18" approx.
Depth: 35" approx.
Total ground floor shop size: 595 sq ft approx.
External garden lounge:
Width: 18" approx.
Depth: 29" approx.
Total external garden lounge size: 520 sq ft approx.
Total accommodation size: 1,100 sq ft approx.
Tenure
Leasehold/Lease Assignment - £18,500 per annum.
Our client wishes to assign the lease which has 4 years remaining (renewable lease).
Premium
£45,000 for goodwill, fixtures, fittings and equipment.
Legal fees
The incoming buyer/tenant is responsible for all legal costs.
Rates
We have been advised that the rates payable are £3500 per year. However, interested parties are encouraged to make their own enquiries with the Local Authority and apply for business rates relief.
