Shops,Ilford,IG1 1DG,A1 , Let
3171 sq ft ( 294.5859 sq m)
Size: 3171Sq ft | Property Type: Shops Tenure: Leasehold | Area: Ilford | Postcode: IG1 1DG
Bennett Phillips Luton
199a High Road
Loughton
Essex
IG10 4LF
Comprising retail premises laid out to provide a sales area with rear storage and access onto a service yard affording access for deliveries and unallocated parking. On the first floor there is retail/showroom space accessed via a staircase leading from the sales area, ancillary storage, M/F WC facilities and a kitchen. Approximate floor areas and dimensions are as follows:
Gross Frontage: |
|
22 ft 0 ins |
(7.65 m) |
Shop Depth: |
|
79 ft 0ins |
(24.07 m) |
Shop Width: |
|
20 ft 6 ins |
(6.24 m) |
Sales Area: |
|
1,518 sq ft |
(141.19 m2) |
Ancillary Storage: |
|
162 sq ft |
(15.06 m2) |
1st Floor Retail/Storage: |
|
1,491 sq ft |
(138.66 m2) |
NEW GOVERNMENT LEGISLATION:
In light of the Governments recent change of legislation, from 1st September 2020, those properties previously referred to as being (A1), (A2), (A3), (B1a) & (D2) Leisure uses are now within a newly created E Class (Commercial, Business & Services). As a result, any shop front premises can be used for any of the aforementioned use without the need for Planning Permission. In addition, a single property can be used for a mix of any the above. Any property in use within Class A1,A2, A3, B1(a) or indoor Sports/ recreation (d2) as of 1st September will be treated as being used for a purpose within the new Class E.
(A4/A5) uses have now been moved to Sui Generis & require a change of use as was previously necessary. Learning & non-residential institutions previously referred to as (D1) are now in a new Class F1.
Whilst the above is provided in good faith, parties are advised to take legal advice as, in certain cases, Local Authorities may adopt an Article 4 which might restrict some of the provisions.
Comprising retail premises laid out to provide a sales area with rear storage. Externally there is a service yard with access for deliveries and unallocated parking. On the first floor there is further ancillary storage, M/F WC and kitchen facilities. Approximate floor areas and dimensions are as follows: Gross Frontage: 22ft 3 (6.78m) Shop Width: 20 ft 0 (6.09m) Shop Depth: 84 ft 6 (25.75m) Sales Area: 1,690 sq ft (157.17m2) 1st Floor Storage: 1,700 sq ft (158.19m2)
•Plasterboard ceiling with inset spots/fluorescent tube lighting •Aluminium shop front •Laminate floor •Temperature controlled units (nottested). •Electric shutters •Goods lift
A new Full Repairing and Insuring Lease is to be granted for a term to be agreed, subject to periodic upward only rent reviews.
£67,500 per annum exclusive, payable quarterly in advance.
Rateable Value 2019/2020: £66,000 PER ANNUM Rates Payable 2019/2020: £32,538 PER ANNUM No rates are payable until 31/3/21 at the earliest regardless of the RV. If occupying a single property only, with an RV up to £12,000 the Rates exemption is extended until 31/3/22 at the earliest.
The ingoing Tenant is to be responsible for the Landlord's reasonable legal fees borne in this transaction.
Immediate upon completion of legal formalities.
Strictly by appointment through sole agents Bennett Phillips Luton | 0208 501 3000 Contact : Marc Luton at marc@bennettphillips.com
BUSINESS RATES RELIEF UPDATE 2022/2023
MoreThe Government has today released the proposed changes to the Use Classes Order which relates to land within England onl..
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