Comprising shop front premises restricted to (A2) office use laid out in clear space apart from two glass partitioned offices which have been created to the rear of the main open plan area. Demised WC facilities are located off a communal corridor. Storage facilities demised with the shop are provided within a secure area at the rear of the building.

Approximate floor areas and dimensions are as follow:

Gross Frontage: 15ft 9" ( 4.80m)

Shop Depth:      33ft 3" (10.13m)

Shop Width:      15ft 3" ( 4.64m)

Sales Area:        507 sq ft (47.15m2)

Storage:            106 sq ft (9.85m2)

NEW GOVERNMENT LEGISLATION:

In light of the Governments recent change of legislation, from 1^st 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 1^st 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.

Other Details

Accomodation

Comprising shop front premises restricted to (A2) office use laid out in clear space apart from two glass partitioned offices which have been created to the rear of the main open plan area. Demised WC facilities are located off a communal corridor. Storage facilities demised with the shop are provided within a secure area at the rear of the building. Approximate floor areas and dimensions are as follow: Gross Frontage: 15ft 9" ( 4.80m) Shop Depth: 33ft 3" (10.13m) Shop Width: 15ft 3" ( 4.64m) Sales Area: 507 sq ft (47.15m2) Storage: 106 sq ft (9.85m2)

Amenities

(A2) Use Fully glazed shop front Electric shutters Laminate wood flooring Temperature Control Unit Within a two minute walk of Goodmayes Station

Lease

LEASE: An Assignment of the existing Full Repairing and Insuring Lease granted on 1st December 2016 for a term of 10 years subject to a mid term upward only Rent Review, expiring on 30th November 2026. PERMITTED OPENING HOURS: The permitted opening hours are restricted to 8am to 8pm Monday to Saturday with opening not permitted Sundays and Bank Holidays. A variation to the permitted opening hours maybe possible subject to obtaining landlords prior written consent.

Rent

£18,000 per annum exclusive, payable quarterly in advance. VAT is applicable at the prevailing rate.

Rates

BUSINESS RATES: Rateable Value 2019/2020 - £7,600 Rates Payable - 2019/2020 - £3,830 per annum No rates payable up to £12,000 then from £12,001 to £15,000 there is tapered relief but only if occupying a single space. If taking a second property where the RV is over £12,001 then relief is lost on the first property although the benefit may remain for a short period. Exemption extended to 31/3/22 at the earliest if RV up to £12,000 on a single property only.

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