87 CRANBROOK ROAD, ILFORD, ESSEX

Shops,Ilford,IG1 4PG,A1 , Let

Commercial information:

2401 sq ft ( 223.0529 sq m)

Rent : £32,000.00 / Annum

Key features

Size: 2401Sq ft | Property Type: Shops
Tenure: Leasehold | Area: Ilford | Postcode: IG1 4PG

Location

The property occupies a prominent frontage onto Cranbrook Road (A123) close to the junction with Wellesley Road and within a few hundred yards of Ilford (Main Line) Station and an entrance to The Mall Shopping Centre. Occupiers situated close to the property include KFC, Royal Bank of Scotland, British Heart Foundation, Subway and Tesco Express.

Contact Details

Bennett Phillips Luton

199a High Road
Loughton
Essex
IG10 4LF


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

Comprising a 4 storey building laid out over ground floor approx 1,062 sq ft plus kitchen of 153 sq ft, first floor approx 344 sq ft, second floor approx 370 sq ft & basement approx 431 sq ft. To the rear there is access for deliveries & parking for approx 4 cars. It is our client's intention to apply to the London Borough of Redbridge for a change to (A3) restaurant use on the ground floor. Further information can be provided once the application has been submitted in early 2010. Our client is seeking to grant a sub-lease to mirror the terms of their Head Lease which expires in Feb 2012 without any further rent review provisions, save that subject to status, a concessionary rent is available below that documented in the Head Lease. Once again, subject to status, a new Lease may be available directly from the Landlord upon terms to be agreed.

Other Details


Accomodation

Shop and basement with existing (A1/A2)Uses together with 1st and 2nd floor offices

Lease

Our client is seeking to grant a sub-lease to mirror the terms of their Head Lease which expires in Feb 2012 without any further rent review provisions, save that subject to status, a concessionary rent is available below that documented in the Head Lease. Once again, subject to status, a new lease may be available directly from the Landlord upon terms to be agreed.

Rent

£32,000

Rates

To be confirmed

Legal Costs

Both parties’ reasonable legal costs incurred in this transaction are to be borne by the ingoing tenant.

Possession

Immediately upon completion of legal formalities.

Viewing

Strictly by appointment through sole agents, Bennett Phillips Luton


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