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Convenience Store to rent

Ilford Lane, Ilford

Withdrawn from Market £30,000 pa

Property Description

Key features

  • NEW LEASE
  • BUSY HIGH STREET LOCATION
  • HIGH FOOTFALL
  • CLOSE TO TRANSPORT LINKS
  • PREMIUM £50,000
  • A1 LICENSE

Full description

Description
This A1 commercial unit is located on Ilford Lane. The property is only5 minutes from Ilford stations and Ilford shopping centre. The unitconsists of ground floor, basement and storage room. We have beenadvised by our client that the weekly income is £7,000 - £8,000.

Ilford Lane is one of the most impressive independent shopping areaswith fabulous and welcoming Asian shops and boutiques selling itemsfrom all over the globe at competitive prices. It reflects the trulyvibrant multi-cultural character of Redbridge and with good transportlinks from Stratford, Gants Hill, Barking, East Ham and evenDagenham getting to Ilford Lane is easy and convenient.

Accommodation
Ground Floor: Approximately 750 sq ft

Storage Room: Approximately 360 sq ft

Total accommodation size 1100 sq ft approx

Lease Term/Commencement
Our client wishes to issue a new lease on flexible terms.

Rent
£30,000 per annum

Premium
£50,000

Plus £50,000 for the value of stock

Or to take the premises as a vacant unit: £70,000

Legal Fees/Cost
Each party are to bear their own legal cost

Rates
All interested parties are encouraged to make their own enquiries with London Borough of Redbridge

Viewings
By prior appointment through sole selling agents Ranson UK LTD.
Email: enquiries@ranson.co.uk Tel: 0207 538 4057


More information from this agent

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