Retail premises for sale in Jack Cornwell Street, London E12

£10,000 (£17.79/sq. ft)
Retail premises for sale 562 sq. ft*
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Property description

Retail unit with storage, kitchen, wc's, rear access and loading area.

The premises is located on Jack Cornwell Street along a small parade of shops to include Ladbrokes and Post Office. Romford Road A118 is to the north of the property (appx 0.2 miles) and provides direct access to the A406 North Circular Road. With regard to public transportation, Ilford Station serves as the closes Railway Station and can be reached in approximately 15 minutes by walk via Romford Road and Ilford Hill. From here frequent journeys are serviced to Stratford and Liverpool Street Station. The stop also forms part of the new Crossrail Scheme. On-street parking can be found immediately outside the property.

The premises is offered by way of an assignment of the existing lease which is understood to be renewable i.e inside the provisions of the Landlord and Tenant Act 1954 governing Security of Tenure. The incoming tenant will also enjoy a tenant break clause effective in 2021.

Passing rent: £10,800 inclusive of business rates and all other outgoings, payable quarterly in advance on the usual quarter days.

Premium: £10,000 sought in respect of he benefit of the renewable lease, fixtures and fittings and goodwill of the business

Key Features • Electric Roller Shutters • Rear Access and Loading • Weekly Gross Turnover £2,000 £2,500 • Rates Exempt

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Taylor Freeman Kataria, IG1 on +44 20 8115 0583 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Taylor Freeman Kataria, and do not constitute property particulars. Please contact Taylor Freeman Kataria for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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