Shops,Romford,RM5 3NR,A1,D2 , Let
1208 sq ft ( 112.2232 sq m)
Size: 1208Sq ft | Property Type: Shops Tenure: Leasehold | Area: Romford | Postcode: RM5 3NR
Bennett Phillips Luton
199a High Road
Comprising a substantial lock up shop currently laid out in open plan format measuring 1,208 sq ft plus a rear office at the rear. In addition there are 2 x WC's.
SUBSTANTIAL LOCK UP SHOP
Suspended ceiling with inset spotlights Laminate wood flooring Temperature control unit Manual shutters
A new Full Repairing and Insuring Lease is to be made available for a term to be agreed, subject to periodic upward only Rent Reviews.
£19,000 pax payable quarterly in advance.
We are verbally advised by the Local Authority that the premises have been assessed for business rates as follows:- Rateable Value: £19,750 Rates Payable: (2017/2018) £9,460 per annum. We believe the property will be exempt from business rates in the event the tenant does not occupy any other business premises however, interested parties are advised to make their own enquiries to the Local Authority to verify whether they are entitled to full or part relief.
Both parties reasonable legal costs incurred in the transaction are to be borne by the ingoing tenant.
Immediate upon completion of legal formalities.
Strictly by prior appointment through sole agents Bennett Phillips Luton 020 8501 3000