Shops,Romford,RM5 3PH,A1 , Let
590 sq ft ( 54.811 sq m)
Size: 590Sq ft | Property Type: Shops Tenure: Leasehold | Area: Romford | Postcode: RM5 3PH
Bennett Phillips Luton
199a High Road
Comprising shop front premises with the benefit of existing (A2) Office Use comprising an open plan unit measuring approximately 590 sq ft with WC and kitchenette facilities. To the rear there is parking for 2 / 4 cars accessed via a service road.
Shop with existing (A2) Office Use - (A3/A5) Uses applied for- & Self Contained 3 bedroom flat
*2 / 4 car parking spaces. * Existing (A2) Office Use. *Established local neighbourhood parade. *Recently refurbished. *Suspended ceiling with concealed lighting. * (A3/A5) Uses applied for
A new Full Repairing and Insuring lease is to be made available for a term to be agreed, subject to periodic upward only rent reviews. Prohibitive Uses: Whilst the property benefits from having (A2) Office Use there will be a prohibition against the unit being used as an Estate Agent for either the sale or letting of residential properties.
Offers are invited in the region of Â£21,500 per annum exclusive for the shop and flat payable quarterly in advance. The commercial tenant will derive the benefit of the rent from the flat (currently Â£9,600pa) & where upon completion of the Lease the AST Agreement will be signed over by the Landlord.
We are verbally advised by the Local Authority that the premises have been assessed for business rates as follows:- Rateable Value: Â£12,250 Rates Payable: (2012/2013) Â£6,062 per annum.
Both partiesâ€™ reasonable legal costs incurred in this transaction are to be borne by the ingoing tenant.
Immediately upon completion of legal formalities
Strictly by appointment through sole agents, Bennett Phillips Luton