Hermit Road, London, E16
£517.89 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
1,062 sq ft
99 sq m
- SECTOR
High street retail property for sale
- USE CLASSUse class orders: A3 Restaurants and Cafes, A5 Hot Food Take away, C3 Dwelling Houses, Class E and Sui Generis
A3, A5, C3, E, sui_generis_3
Key features
- Fully let and income producing
- Next rent review 2022
- Live + work accommodation
Description
The property is located on a local neighbourhood parade of shops on Hermit Road, close to it's
junction with Star Lane, and off Barking Road (A124) on one end and Newham Way (A13) on the
other. Canning Town Underground and Light Railway Station are situated within short walking
distance from the premises. Regulated car parking is available outside of the building.
ACCOMMODATION
Corner commercial premises with independent access to first floor one bedroom flat.
LEASE TERMS
The whole building is demised under one lease to an individual subject to a license to an assign for
a term of 20 years inside the provisions of the Landlord and Tenant Act 1954 governing Security of
Tenure commencing 2 October 2006 thus having an unexpired term of circa 5 years. The rent was
subject to a fixed increase to £20,000.00 at the 4 anniversary of the term and thereafter on a 4
yearly upward only basis to market level. The 2022 review was agreed at £23,000.00pa.
Brochures
Hermit Road, London, E16
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Star Lane Station0.3 miles
- Canning Town Station0.5 miles
- West Ham Station0.7 miles
About Taylor Freeman Kataria, Ilford
306 Green Lane, Ilford, IG1 1LQ
Notes
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