Other Details

Accomodation

: Comprising four commercial units having fully glazed double aspect frontages which form the ground floor of a mixed commercial & residential scheme. Units 1, 2 & 3 are located on the ground and first floors, whilst unit 4 is ground floor only. Some of the units have views over the River Lea. Floor plans are available upon request. Unit 1 - Ground Floor 490 sq ft First Floor 1,127 sq ft TOTAL AREA - 1,617 sq ft Unit 2 Ground Floor 1,400 sq ft First Floor 1,357 sq ft TOTAL AREA - 2,757 sq ft Unit 3 Ground Floor 1,006 sq ft First Floor 925 sq ft TOTAL AREA - 1,913 sq ft Unit 4 Ground Floor 655 sq ft TOTAL AREA - 655 sq ft

Amenities

FULLY GLAZED DOUBLE ASPECT FRONTAGES RIVERSIDE LOCATION IMMEDIATLEY OVERLOOKING BOW FLYOVER (A118) EXCELLENT NATURAL LIGHT CLOSE TO PUDDING MILL STATION

Lease

New FRI Leases are to be made available for terms to be agreed, subject to periodic upward only rent reviews.

Rent

Unit 1 £32,000 Unit 2 £55,000 - UNDER OFFER Unit 3 £38,000 - LET Unit 4 £16,500 - LET SERVICE CHARGE: Approximately £2.00 per square foot All rents exclusive of rates, service charges and VAT

Rates

Interested parties should contact the London Borough of Newham to ascertain the rates payable for the current financial year. SERVICE CHARGE A service charge is levied for the upkeep and maintenance of the building. Further details are available on request.

Legal Costs

Each party to bear their own legal costs incurred in this transaction. The prospective tenant is to give an undertaking through their solicitors prior to the commencement of legal formalities for any abortive legal costs should they withdraw from the transaction. ADMINISTRATIVE FEE: Upon terms being agreed and prior to Solicitor’s being instructed, the prospective tenant or purchaser is to pay an administrative fee of £500 plus VAT to Bennett Phillips Luton. This fee will cover all associated administrative costs including any referencing fees incurred. In the event that the Landlord or Vendor withdraws from the transaction once solicitors are instructed, 50% of the fee will be refunded.

Possession

Immediate upon completion of legal formalities