UNIT 1 BENEDICTS WHARF, HIGHBRIDGE ROAD, BARKING IG11 7BB

Shops,Barking,IG11 7BB,A1

Commercial information:

1213 sq ft ( 112.6877 sq m)

Price : £12,500.00

Key features

Size: 1213Sq ft | Property Type: Shops
Tenure: Leasehold | Area: Barking | Postcode: IG11 7BB

Location

The property is located on Highbridge Road which connects Abbey Road with the (A406) and is therefore well located for the National and local road network providing fast and easy access to the (A12,A13) and (M11/M25) Motorways. Barking Town Centre and all amenities including Vicarage Fields Shopping Centre and Barking Main Line and Underground (District Line) Station are located within half a mile to the North East of the property. The immediate area is subject to significant regeneration over the next 2/3 years with numerous developments adjacent and close to which will greatly improve the footprint in the vicinity.

Contact Details

Bennett Phillips Luton

199a High Road
Loughton
Essex
IG10 4LF


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

ACCOMMODATION:
Comprising the commercial element of a new development which also comprises 57 flats over 6 upper floors.  The property which benefits from having (A1,A3 & A4) uses, occupies a prominent location with return window frontage and also benefits from having a canal side position alongside the River Roding, opposite the Barking Tesco Superstore.  Internally the property is offered in clear 'shell and core' condition however an aluminium shopfront has been installed together with electric shutters.  The property can either be taken as a whole or alternatively as 2 separate units, subject to our client carrying out the necessary work.  Approximate floor areas are as follows:
 
Overall Gross Frontage:      115 sq ft   34.96 m2
Return Window Frontage:   18 sq ft     5.48 m2
Average Shop Depth:          22 sq ft     6.70 m2
Approximate Shop Width:   121 sq ft   36.88 m2
 
Unit 1 -           1,213 sq ft  (112.78 m2)
Unit 2 -           1,513 sq ft  (114.70 m2)
Units 1 & 2 -    2,726 sq ft  (253.51m2)
 
LEASE:
A new 5 year Effectively FRI Lease is to be granted, drawn outside the provisions of the Landlord & Tenant Act and subject to a rent review at the end of the 3rd year.
LEASE:
A new 5 year Effectively FRI Lease is to be granted, drawn outside the provisions of the Landlord & Tenant Act and subject to a rent review at the end of the 3rd year.
 
RENT:
Unit 1 - £12,500 pax
Unit 2 - £15,500 pax
Entire - £25,000 pax
 
BUSINESS RATES: To be Assessed
 
LEGAL COSTS
Both parties legal costs are to be borne by the ingoing tenant.
 
VIEWING: 
Strictly by appointment through sole agents Bennett Phillips Luton | 0208 501 3000 Contact Marc Luton at marc@bennettphillips.com
 
LEASE:
 
 
A new 5 year Effectively FRI Lease is to be granted, drawn outside the provisions of the Landlord & Tenant Act and subject to a rent review at the end of the 3rd year.

Other Details


Accomodation

Comprising the commercial element of a new development which also comprises 57 flats over 6 upper floors. The property which benefits from having (A1,A3 & A4) uses, occupies a prominent location with return window frontage and also benefits from having a canal side position alongside the River Roding, opposite the Barking Tesco Superstore. Internally the property is offered in clear 'shell and core' condition however an aluminium shopfront has been installed together with electric shutters. The property can either be taken as a whole or alternatively as 2 separate units, subject to our client carrying out the necessary work. Approximate floor areas are as follows: Overall Gross Frontage: 115 sq ft 34.96 m2 Return Window Frontage: 18 sq ft 5.48 m2 Average Shop Depth: 22 sq ft 6.70 m2 Approximate Shop Width: 121 sq ft 36.88 m2 Unit 1 -1,213 sq ft (112.78 m2) Unit 2 - 1,513 sq ft (114.70 m2) Units 1 & 2 - 2,726 sq ft (253.51m2)

Amenities

*Substantial frontage with return window frontage *Canal side location *Aluminium shop front *Electric shutters *Area undergoing substantial regeneration

Lease

A new 5 year Effectively FRI Lease is to be granted, drawn outside the provisions of the Landlord & Tenant Act and subject to a rent review at the end of the 3rd year.

Rent

Unit 1 - £12,500 pax Unit 2 - £15,500 pax Entire - £25,000 pax

Rates

To be Assessed

Legal Costs

Both parties legal costs are to be borne by the ingoing tenant.

Possession

Immediate upon completion of legal formalities

Viewing

Strictly by appointment through sole agents Bennett Phillips Luton | 0208 501 3000 Contact Marc Luton at marc@bennettphillips.com


Latest News