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Shop to rent

5 Hermit Road,Canning Town,London,E16 4HP

Let Agreed 816 sq. ft. | £12,000 pa| £1,000 pcm

Property Description

Commercial information

  • 816 sq ft (75 sq m)
  • Use class orders: A1 Shops and A2 Financial and Professional Services

Full description

LOCATION:
The shop is located on Hermit Road. This location is just off Barking Road (A124) and to the north of the junction with Newham Way (A13). Road access to Docklands, City Airport, Stratford and the surrounding areas is, therefore, excellent.

Canning Town Jubilee Line and DLR Station is in easy walking distance of the premises along with access to the District and Hammersmith line at West Ham station not far away. There are numerous bus routes that serve the local area, making it a very accessible location. The premises are close to a secondary high street with a wide range of shops and eateries.

DESCRIPTION:
The shop is suitable for a variety of uses within the A1 and A2 use classes. There is currently a main retail area at the front of the premises which is broken down into 2 sections by way of lightweight partitioning. Towards the rear, there is a kitchen area WC and additional storage. The property is fitted with suspended ceiling, laminate flooring and strip lighting. The accommodation is as follows:

Total area - 815 sq ft / 75.78m

LEASE:
A new proportional FRI lease is available for a term to be agreed.

RENT:
12,000 per annum exclusive

PLANNING USE:
A1/A2

EPC:
TBC

RATABLE VALUE:
8,000 ~ current rates payable approximately 3,944 per annum although we recommend any potential tenant make their own enquiries to the local authority and small business rates may be applied.

LEGAL COSTS:
The ingoing tenant to pay the Council's surveyor's fees prior to completion at 10% of rent (subject to a minimum of 1,250 + VAT). An undertaking will need to be entered into prior to the Council's solicitors forwarding lease documentation which currently equates to 1,500 subject to confirmation.

VIEWING:
Strictly by appointment through the sole agent.


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