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