253 High Road

Office Accommodation,Ilford,IG1 1NE,A1,B1 , Let

Commercial information:

2610 sq ft ( 242.469 sq m)

Price : £70,000.00

Key features

Size: 2610Sq ft | Property Type: Office Accommodation
Tenure: Leasehold | Area: Ilford | Postcode: IG1 1NE

Location

The property is situated at the Eastern end of High Road, Ilford, adjacent Griggs Approach flyover & within a short walk of the main retail pitch. Ilford station (Elizabeth Line) is within a 5-minute walk. The service provides fast & frequent access to The City, West End & further afield to Shenfield, Heathrow & Abbey Wood. Both local & national road connections are easily accessible via the (A406) at Ilford Hill which connects to the (A12/A13) & the (M11/M25) Motorways. The Towns retail amenity hosts many of the country’s leading national occupiers both along the High Road & within The Exchange Shopping Centre.

Contact Details

Bennett Phillips Luton

199a High Road
Loughton
Essex
IG10 4LF


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

Substantial tripled fronted Town Centre premises.

Currently fitted as well-presented office space (suitable for other uses within Class E)

Approx 2,610sq ft (242.73m sq)

 

To Let

 

253 High Road,

Ilford, IG1 1NE

Other Details


Accomodation

Comprising substantial triple fronted ground floor premises with return frontage, previously used as an office, providing well-presented open plan space throughout. The property would also lend itself to other uses within Class E use. WC facilities, small storeroom, service area housing condensers & rear access to 2 car parking spaces is also provided. Approximate floor areas & dimensions are as follows: GF 76’0” (23.16m) Splay frontage 18’0” (5.48m) Return frontage 25’0” (7.62m) Depth 43’0” (13.1m) Width 72’9” (22.17m) Storage 42sq ft (3.9m sq) Total office / sales area 2,610sq ft (242.73m sq)

Amenities

• Electric Shutters • Substantial frontage • Suspended Ceiling with concealed lighting • Carpet tiles • Open plan • 3phase power supply • Perimeter trunking • 2 Secure parking spaces • Town Centre Location

Lease

A new effectively FRI Lease is to be made available for a term to be agreed subject to periodic upward only rent reviews.

Rent

£70,000pax paid quarterly in advance. We understand VAT is not applicable.

Rates

Business Rates. 2023/2024 RV: £65,500 Rates Payable 2023/2024: £33,536 per annum From 01/04/23 until 31/03/24 at the earliest, a tenants rates liability will be based on paying 25% of the annual rates payable (RP). Whilst this information is provided in good faith, prospective tenants are advised to make their own enquiries to establish whether they qualify for full or partial rate relief. SERVICE CHARGE/BUILDINGS INSURANCE: The tenant will be liable for a contribution towards both the annual building insurance & services they derive a benefit, the cost of which for the accounting period 2023/2024 is £1,477.07.

Legal Costs

Upon terms being agreed, the ingoing tenant is to contribute £5,000 plus VAT towards the Landlords abortive legal costs, provided in the form of a Solicitors undertaking. Subject to completion taking place, the undertaking will be deducted from money due on completion or retained in the event the tenant withdraws for any reason. In the event the Landlord withdraws, the undertaking will be refunded other than if the reason for doing so is because the tenant unreasonably delays completion. ADMINISTRATIVE FEE: Upon terms being agreed and prior to Solicitor’s being instructed, the prospective tenant or purchaser is to pay an administrative fee of £500 plus VAT to Bennett Phillips Luton. This fee will cover all associated administrative costs including any referencing fees incurred. In the event that the Landlord or Vendor withdraws from the transaction once solicitors are instructed, 50% of the fee will be refunded.

Possession

Upon completion of formalities


Latest News

RICS Logo
The RICS Client Money Handling Procedure
RICS Logo
The RICS Client Money Protection Scheme
RICS Logo
The RICS Client Money Protection Certificate