Shops, South Woodford,E18 1AN,A1 , Let
350 sq ft ( 32.515 sq m)
Size: 350Sq ft | Property Type: Shops Tenure: Leasehold | Area: South Woodford | Postcode: E18 1AN
Bennett Phillips Luton
199a High Road
Loughton
Essex
IG10 4LF
Comprising a recently refurbished shop with Class E use laid out in open space with Kitchen & WC facilities to the rear. Approx floor areas & dimensions are as follows: GF 24’ 9’’ (7.54) SD 21’ 9’’ (6.62) SW 18’ 3’’ (max) (5.56) Sales area 350sq ft (32.55m sq) Kitchen 27sq ft (2.51m sq) WC
Recently refurbished. Within 50 yards of Central Line Station. Fully Glazed Shopfront Laminate Wood Floor. LED Strip Lighting.
A new FRI Lease is to be granted for a term to be agreed subject to periodic upward only rent reviews. The Lease is to be drawn outside the provisions of the Landlord & Tenant Act 1954.
£24,750 pax paid quarterly in advance. RENT DEPOSIT: Upon completion the Landlord will require a six month rent deposit plus a quarters rent in advance.
2021/2022: Rateable Value: £14,750 2021/2022: Rates Payable: £7,360.25 per annum From 01/07/21 until 31/03/22 at the earliest, a tenant’s 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.
Both parties legal costs are to be met by the ingoing tenant.
Immediate upon completion of legal formalities.
Strictly by appointment through agents Bennett Phillips Luton | 0208 501 3000 Contact Marc Luton at marc@bennettphillips.com
BUSINESS RATES RELIEF UPDATE 2022/2023
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