Shops,London,E3 5ES,A1 , Let
656 sq ft ( 60.9424 sq m)
Size: 656Sq ft | Property Type: Shops Tenure: Leasehold | Area: London | Postcode: E3 5ES
Bennett Phillips Luton
199a High Road
Loughton
Essex
IG10 4LF
Comprising a lock up shop laid out to provide a sales area within which there is a fitted timber & glazed Bank Style counter which can be readily dismantled. To the rear there are areas of ancillary storage, WC and kitchen facilities. Approximate floor areas and dimensions are as follows:-
Gross Frontage: 20' 6"
Shop Depth: 24' 9"
Shop Width: 16' 3"
Sales Area: 402 sq ft (37.38m2)
Ancillary Storage: 254 sq ft (23.25m2)
Comprising a lock up shop laid out to provide a sales area within which there is a fitted timber & glazed Bank Style counter which can be readily dismantled. To the rear there are areas of ancillary storage, WC and kitchen facilities.
• Timber Glazed Shop Front • Suspended Ceiling with Concealed Fluorescent tube lighting • Carpet Tiles • WC and Kitchen Facilities • Popular Location
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. In light of the Governments change of legislation on 1st September 2020, those properties previously referred to as being (A1), (A2), (A3), (B1a) & (D2) Leisure uses now fall within a newly created E Class (Commercial, Business & Services). As a result, any shop front premises can be used for 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 2020 will be treated as falling within the new Class E.
£20,000 pax paid quarterly in advance.
Rateable Value 2020/2021 - £15,500 Rates Payable - 2020/2021 - £7,936 Retail & Leisure premises - no rates are payable until 30/6/21 regardless of the RV. From 01/07/21 until 31/03/22 at the earliest, a tenants rates liability will be based on paying one third of the annual rates payable. 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. Whilst this information is provided in good faith, prospective tenants are advised to make their own enquiries.
The ingoing Tenant is to be responsible for the Landlord's reasonable legal fees borne in this transaction.
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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