Office to rent102 North Street, Barking, Essex, IG11 8LA
Let Agreed 891 sq. ft. | £15,500 pa| £1,292 pcm
- 891 sq ft (82 sq m)
- Use class orders: B1 Business
The subject property is located on North Street, at the junction of Northern Relief Road (A124) and just to the North of Barking Town Centre. The North Circular is approximately 0.4 miles away providing quick access to Ilford and Woodford to the North and the A13 to the South. The offices are on a predominantly residential street adjacent to a primary school and within walking distance of Barking town centre (circa 0.3 miles).
The property is a self-contained office building with ground and first floor accommodation. The office on the ground is an open plan room with a staircase at the rear of the property leading to the first floor where there is a single W.C. and an open office space with 3 individual office spaces leading off the central room. The premises is suitable for a variety of small office occupiers.
Net internal area - 891 sq ft / 82.78 m²
A full repairing and insuring lease is available for a term to be agreed.
£15,500 per annum exclusive
Rateable Value - £4,600
Rates payable approximately £2,286 per annum. Under current regulations this property falls into the 100% exemption clause for business rates. In 2017 there are new regulations increasing the exemption threshold and business rates are due to be revalued but we still expect this property to remain 100% exempt. Although we would advise that any potential tenant make their own enquiries to the council.
To be confirmed
The ingoing tenant will be required to pay the Council's legal costs, expected to be around £1,300. An undertaking will need to be entered into prior to the Council's solicitors forwarding lease documentation.
Strictly by appointment through the sole agent.
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