1213 sq ft ( 112.6877 sq m)
Size: 1213Sq ft | Property Type: Shops Tenure: Leasehold | Area: Barking | Postcode: IG11 7BB
Bennett Phillips Luton
199a High Road
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)
*Substantial frontage with return window frontage *Canal side location *Aluminium shop front *Electric shutters *Area undergoing substantial regeneration
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.
Unit 1 - £12,500 pax Unit 2 - £15,500 pax Entire - £25,000 pax
To be Assessed
Both parties legal costs are to be borne by the ingoing tenant.
Immediate upon completion of legal formalities
Strictly by appointment through sole agents Bennett Phillips Luton | 0208 501 3000 Contact Marc Luton at email@example.com