Shops,SEVEN KINGS,IG3 8RL,A1 , Let
350 sq ft ( 32.515 sq m)
Size: 350Sq 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
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.
• 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.
£13,000pax payable quarterly in advance. VAT is applicable. 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 £4,850.00. 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 28th September 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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