Shops,SEVEN KINGS,IG3 8HZ,A1 , Let
501 sq ft ( 46.5429 sq m)
Size: 501Sq ft | Property Type: Shops Tenure: Leasehold | Area: SEVEN KINGS | Postcode: IG3 8HZ
Bennett Phillips Luton
199a High Road
Loughton
Essex
IG10 4LF
Comprising shop front premises laid-out to provide a sales area which has been partitioned to create two area’s within which there is a customer WC. Beyond the shop there is office/storage and additional staff WC and kitchen facilities. To the rear of the property there is a pedestrian right of way over a garden which leads on to a service road providing vehicular access for deliveries as well as parking for one car. At the front of the property there is a forecourt suitable for display purposes. Approximate floor areas and dimensions are as follows:
Gross Frontage: 23 ft 0 ins (7.01m)
Shop Depth: 38ft 9 ins (11.81m)
Shop Width: 17ft 9 ins (5.41m)
Sales Area: 423 sq ft (39.33m2)
Ancillary Storage/Office: 78 sq ft (7.25m2)
Forecourt: 150 sq ft (13.95m2)
NEW USE CLASSES:
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.
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.
SHOP FRONT PREMISES WITH CLASS E USE TO LET 221 ALDBOROUGH ROAD SOUTH SEVEN KINGS ILFORD IG3 8HZ
• Suspended ceiling with fluorescent tube lights • Air conditioning (not tested) • One Car Parking Space • CCTV (not tested) • Alarm System (not tested) • Modern aluminium shop front • Unrestricted parking on street
A new FRI Lease is to be made available for a term to be agreed, subject to periodic upward only rent reviews, granted inside the provisions of the Landlord & Tenant Act.
£13,000 per annum exclusive, payable quarterly in advance.
Rateable Value 2019/2020 - £9,500/Rates Payable - 2019/2020 - £4,788 per annum Retail & Leisure premises - no rates are payable until 31/3/21 at the earliest regardless of the RV. If occupying a single property only, with an RV up to £12,000 the Rates exemption is extended until 31/3/22 at the earliest.
Both parties reasonable legal costs incurred in this transaction are to be borne by the ingoing tenant.
Immediate upon completion of legal formalities
Strictly by appointment
BUSINESS RATES RELIEF UPDATE 2022/2023
MoreThe Government has today released the proposed changes to the Use Classes Order which relates to land within England onl..
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