395 EASTERN AVENUE

Shops,Gants Hill,IG2 6LR,D1 , Let

Commercial information:

1243 sq ft ( 115.4747 sq m)

Rent : £26,500.00 / Annum

Key features

Size: 1243Sq ft | Property Type: Shops
Tenure: Leasehold | Area: Gants Hill | Postcode: IG2 6LR

Location

The property is situated on the eastern side of Eastern Avenue (A12) located at the Gants Hill roundabout junction with Cranbrook Road and Woodford Avenue. Gants Hill Underground Station (Central Line) is within 50 yards of the premises. Occupiers represented within the parade include Lloyds Bank, William Hill, Mr Singhs (restaurant) and Myers (Accountants). Gants Hill is undergoing substantial regeneration with a number of high profile residential developments being undertaken/recently completed, thus offering the potential to increase trade within the immediate vicinity. The area is very well served by the national and local road network with easy accessibility to the (A13/A406) and (M11/M25) motorways.

Contact Details

Bennett Phillips Luton

199a High Road
Loughton
Essex
IG10 4LF


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

 

Comprising the ground floor of a recently constructed mixed residential and commercial development laid out in open plan format, measuring approximately 1,243sq ft (115.48 m2) with capped services.  Two car parking spaces will be demised to the rear.

 

Planning:

At present the premises benefit from having (D1) use, however our client is in the process of applying to widen the use to incorporate (A1/A2) and (B1).

Other Details


Accomodation

SHOP FRONT PREMISES WITH (D1) USE & SUBSTANTIAL WINDOW FRONTAGE (A1/A2) & (B1) USES APPLIED FOR

Amenities

*Substantial frontage *Adjacent Gants Hill (Central Line) Underground Station *Excellent links to national and local road network

Lease

A new Full Repairing and Insuring lease is to be granted for a term to be agreed subject to periodic upward only rent reviews.

Rent

£26,500pax payable quarterly in advance.

Rates

TO BE RE-ASSESSED

Legal Costs

Both parties reasonable legal costs incurred in a transaction are to be borne by the ingoing tenant.

Possession

Immediate upon completion of legal formalities

Viewing

Strictly by prior appointment through joint sole agents: Bennett Phillips Luton 020 - 8501 3000 (Ref MJL) Strettons 020 8520 9911 (Ref CC/AA)


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