Shops,SEVEN KINGS,IG3 8RL,A1 , Let
351 sq ft ( 32.6079 sq m)
Size: 351Sq ft | Property Type: Shops Tenure: Leasehold | Area: SEVEN KINGS | Postcode: IG3 8RL
Bennett Phillips Luton
199a High Road
Loughton
Essex
IG10 4LF
• Within a short walk of Seven Kings Main Line Station (Crossrail connection in 2022)
• Sought after location
• No Business Rates until March 2022 at the earliest
• Aluminium shopfront
• To Let for a maximum 3 year term
Comprising a lock-up ‘half shop', laid out to provide a sales area with two adjoining areas of ancillary storage/offices and an external WC. Approximate floor areas & dimensions are as follows: Gross Frontage 9’3’’ (2.81m) Shop Depth 25’6’’ (7.77m) Shop width (max) 8’6’’ (2.59m) Sales area 217sq ft. (20.18m) Rear Storage/Offices 134sq ft. (5.58m sq.)
• Within a short walk of Seven Kings Main Line Station (Crossrail connection in 2022) • Sought after location • No Business Rates until March 2022 at the earliest • Aluminium shopfront • To Let for a maximum 3 year term
A new FRI Lease is to be made available for a maximum term of 3 years, drawn outside the provisions of the Landlord & Tenant Act.
£12,000pax paid quarterly in advance. VAT is applicable. RENT DEPOSIT: A 6 month rent deposit is to be paid upon completion and held for the term.
According to the Valuation Office Agency website www.voa.gov.uk website, the Rateable Value is £3,750.00. We believe the property will be exempt from business rates in the event the tenant does not occupy any other business premises however, interested parties are advised to make their own enquiries to the Local Authority to verify whether they are entitled to full or part relief.
The ingoing Tenant is to be responsible for the Landlord's reasonable legal fees borne in this transaction.
The current Lease expires on 31st December 2021 however vacant possession is available earlier subject to prior agreement.
Strictly by appointment through sole agents Bennett Phillips Luton | 0208 501 3000 Contact Marc Luton - marc@bennettphillips.com
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