43b Collier Row Road

Shops,Romford,RM5 3NR,A1 , Let

Commercial information:

176 sq ft ( 16.3504 sq m)

Rent : £9,500.00 / Annum

Key features

Size: 176Sq ft | Property Type: Shops
Tenure: Leasehold | Area: Romford | Postcode: RM5 3NR

Location

The unit benefits from having substantial frontage onto Collier Row Road, which is an established local neighbourhood shopping centre situated a short distance to the South of Romford Town Centre. Occupiers represented within the centre include, Greggs, Tesco Metro, Domino’s, Card Factory, KFC, as well as a number of established local occupiers.

Contact Details

Bennett Phillips Luton

199a High Road
Loughton
Essex
IG10 4LF


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

43b Collier Row Road, Romford, RM5 3NR.

 

Former Gents Barber

 

To Let

Other Details


Accomodation

Comprising a lock-up shop which previously traded as a Barbers, laid out to provide a sales area with ancillary storage & a WC. To the rear there is access for deliveries & parking for 2 cars. Approximate floor areas & dimensions are as follows: Gross frontage 9’ 6’’ (2.89m sq) Shop width 8’ 6’’ (2.59m sq) Shop depth 17’ 3’’ (5.25m sq) Sales area 176sq ft (16.36m sq) Storage 56sq ft (5.2m sq) Rear yard with parking for 2 cars.

Amenities

Partly fitted former Barber shop Tiled floor Electric shutters front & rear Parking at rear for 2 cars

Lease

A new FRI Lease is to be made available for a term to be agreed subject to periodic upward only rent reviews, granted inside the provisions of the Landlord & Tenant Act.

Rent

£9,500pax paid quarterly in advance. We understand VAT is not applicable.

Rates

According to the Valuation Office Agency website www.voa.gov.uk website, the Rateable Value is £7,800. We believe therefore that 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 Landlords reasonable legal costs. 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 legalities.


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