794 HIGH ROAD, GOODMAYES, ILFORD, ESSEX

Shops,Goodmayes,IG3 8TH,A1

Commercial information:

547 sq ft ( 50.8163 sq m)

Price : £16,000.00

Key features

Size: 547Sq ft | Property Type: Shops
Tenure: Leasehold | Area: Goodmayes | Postcode: IG3 8TH

Location

The property is situated on High Road Goodmayes within approximately 50 yards from junctions of Barley Lane and Goodmayes Road. Occupiers are mainly of a localised nature however Tesco, Ladbrokes and Self Store are represented close by. Goodmayes Main Line Station is within a few minutes walk from the property with the new Cross Rail link accessible from Autumn 2019. In May 2019, 3-additional floors will be added above the parade to create a 35 bedroom hotel which has been pre-let to one of the major budget hotel operators. This will therefore potentially generate more footfall/business to the parade.

Contact Details

Bennett Phillips Luton

199a High Road
Loughton
Essex
IG10 4LF


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

Suspended Ceiling
Fluorescent Tube Lighting
Laminate Wood Flooring
Glazed Shop Front
Electric Shutter
Significant development of upper parts with potential to increase footfall/business to the parade

Other Details


Accomodation

Comprising shop front premises laid out in clear space with external WC and pedestrianised access for deliveries via a service road. APPROXIMATE NET INTERNAL FLOOR AREAS ARE AS FOLLOWS: Gross Frontage: 14sq.ft 3ins (4.34m)......Shop Depth: 41sq.ft 3ins (12.57m)...Shop Width: 13sq.ft 3ins (4.03m)...Sales Area: 547sq.ft (50.87m2)

Amenities

Suspended Ceiling Fluorescent Tube Lighting Laminate Wood Flooring Glazed Shop Front Electric Shutter Significant development of upper parts with potential to increase footfall/business to the parade

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

£16,000 pax paid quarterly in advance.

Rates

Rateable Value 2018/2019: £7,300 Rates Payable 2018/2019: £3,504 Interested parties may wish to contact Redbridge Business Rates Department to see if they qualify for small business rates relief.

Legal Costs

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

Possession

Immediate Upon Completion

Viewing

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


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