731A HIGH ROAD

Shops,SEVEN KINGS,IG3 8RL,A1 , Let

Commercial information:

351 sq ft ( 32.6079 sq m)

Price : £12,000.00

Key features

Size: 351Sq ft | Property Type: Shops
Tenure: Leasehold | Area: SEVEN KINGS | Postcode: IG3 8RL

Location

The shop is situated on High Road Seven Kings, adjacent the junction with Spencer Road & within a few minutes’ walk of Seven Kings Main Line Station (Crossrail connection from 2022). High Road Seven Kings is synominous with the Motor Trade & hosts numerous car showrooms. Both Aldi & McDonalds are represented opposite along with a large Public Display & Pay Car Park.

Contact Details

Bennett Phillips Luton

199a High Road
Loughton
Essex
IG10 4LF


Tel : 020 8501 3000
Phone : 020 8501 3000
Fax : 020 8500 5008

•             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

Other Details


Accomodation

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.)

Amenities

• 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

Lease

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.

Rent

£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.

Rates

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.

Legal Costs

The ingoing Tenant is to be responsible for the Landlord's reasonable legal fees borne in this transaction.

Possession

The current Lease expires on 31st December 2021 however vacant possession is available earlier subject to prior agreement.

Viewing

Strictly by appointment through sole agents Bennett Phillips Luton | 0208 501 3000 Contact Marc Luton - marc@bennettphillips.com


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