Comprising retail premises laid out to provide a sales area with 2 additional rooms which have been created using demountable partitions which could be removed if required to increase the sales area.  Towards the rear of the property there is an additional office/store room, kitchen and WC.  Externally there is rear access for deliveries and parking for 2 cars.  

Available by way of an assignment of our clients existing full repairing and insuring Lease which was originally for a term of 10 years from 8th February 2016 expiring 7th February 2026 without any Rent Review provisions.  Subject to covenant and terms we understand the Landlord may consider granting a new Full Repairing and Insuring Lease for a term to be agreed.

PREMIUM: £20,000 for the benefit of our client's Leasehold interest. 

Other Details

Accomodation

Comprising retail premises laid out to provide a sales area with 2 additional rooms which have been created using demountable partitions which could be removed if required to increase the sales area. Towards the rear of the property there is an additional office/store room, kitchen and WC. Externally there is rear access for deliveries and parking for 2 cars. Approximate floor areas and dimensions are as follows: Gross Frontage: 18ft 3" 5.56m2 Shop Depth: 38ft 6" 11.73m2 Shop Width: 17ft 9" 5.41m2 Sales Area: 683 sq ft (63.51m2) Office/Storage: 187 sq ft (17.39m2) Kitchen: 48 sq ft (4.46m2) 2 car parking spaces

Amenities

Aluminium shop front Electric shutter Gas Central Heating (not tested) Suspended ceiling 2 car parking spaces Rear access for deliveries

Lease

Available by way of an assignment of our clients existing full repairing and insuring Lease which was originally for a term of 10 years from 8th February 2016 expiring 7th February 2026 without any Rent Review provisions. Subject to covenant and terms we understand the Landlord may consider granting a new Full Repairing and Insuring Lease for a term to be agreed.

Rent

£25,000pax payable quarterly in advance PREMIUM: £20,000 for the benefit of our client's Leasehold interest.

Rates

Rateable Value 2021/2022 - £23,000 Rates Payable 2021/2022 - £11,776

Legal Costs

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

Possession

Immediate upon completion of legal formalities.

Viewing

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