Other Details

Accomodation

The property is laid out to provide an open plan shop with a door leading to a rear office. Access to a basement is provided towards the rear of the shop. The basement has relatively good headroom & is suitable for storage purposes. WC & kitchen facilities are provided to the rear of the unit which also has access onto a small yard area which is used for bin storage. Approximate floor areas & dimensions are as follows: Front Office - 345 sq ft (32.08m2) Back Office - 152 sq ft (14.13m2) Basement - 388 sq ft (36.08m2) Small Storage Area - 29 sq ft (2.69m2) NEW GOVERNMENT LEGISLATION In light of the Governments recent change of legislation, from 1st September 2020, those properties previously referred to as being (A1), (A2), (A3), (B1a) & (D2) Leisure uses are now within a newly created E Class (Commercial, Business & Services). As a result, any shop front premises can be used for any of the aforementioned use without the need for Planning Permission. In addition, a single property can be used for a mix of any the above. Any property in use within Class A1,A2, A3, B1(a) or indoor Sports/ recreation (d2) as of 1st September will be treated as being used for a purpose within the new Class E. (A4/A5) uses have now been moved to Sui Generis & require a change of use as was previously necessary. Learning & non-residential institutions previously referred to as (D1) are now in a new Class F1. Whilst the above is provided in good faith, parties are advised to take legal advice as, in certain cases, Local Authorities may adopt an Article 4 which might restrict some of the provisions.

Amenities

3 minute walk from Leyton (Central Line Station) Carpet & Laminate flooring Alarm & remote access CCTV (not tested) Temperature Control Unit GCH Suspended ceiling with concealed lighting

Lease

Available by way of assignment of our clients' unexpired term which commenced on 13th March 2019 expiring on 12th March 2035, subject to 4-yearly upward only rent reviews.

Rent

£20,000 per annum exclusive, payable quarterly in advance. RENT DEPOSIT: Upon assignment the assignee will be required to replace the existing rent deposit of £6,250

Rates

Rateable Value 2019/2020 - £15,000 Rates Payable - 2019/2020 - £7,560 per annum Prospective tenants are recommended to contact the Local Authority to verify whether they qualify for any form of rate relief.

Legal Costs

The ingoing Tenant is to be responsible for the Landlord's reasonable legal fees borne in this transaction.

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