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Retail Property (high street) to rent

High Road Leytonstone,London,E11

Let Agreed 995 sq. ft. | £26,000 pa| £2,167 pcm

Property Description

Commercial information

  • 995 sq ft (92 sq m)
  • Use class orders: A1 Shops and A2 Financial and Professional Services

Full description

LOCATION:
The property is situated on the west side of High Road Leytonstone approximately 250 metres from Leytonstone Underground station providing links onto the Central line into Stratford and central London. The property is also within 250-500 metres of the main shopping are of Leytonstone High Street. Here there are multiples such as Argos, Matalan, McDonalds and Natwest Bank. There are also a number of bus routes that run along the High Road into Stratford and also towards Wanstead.



DESCRIPTION:
The premises is located on the ground floor with a mainly open plan layout. There are original features currently in the property including the shop front and also the match boarding walls. It does require some general modernisation work to facilitate a new business although we see this is a suitable property for uses falling under A1 and A2. Other uses will be considered, subject to planning.


ACCOMMODATION:
Net Internal Area: 955 sq.ft / 88.75 m2

There is also an option to occupy the residential upper parts subject to separate agreement, please ask for more information.

TENURE:
A full repairing and insuring lease is available for a term to be agreed.


RENT:
26,000 per annum exclusive for the ground floor shop
Additional rent for the remainder of the building - subject to agreement

RATEABLE
VALUE:
R. V. 11,000 - London Borough of Newham rates payable approximately 5,423 per annum (2015/2016). We recommend any ingoing tenant make their own enquiries to the local authority for further confirmation.

EPC:
To be confirmed


LEGAL COSTS:
Each party to bear their own legal costs incurred in this transaction. The prospective tenant is required to give an undertaking through their solicitors prior to the commencement of legal formalities for any abortive legal costs should they withdraw from the transaction.


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