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Retail Property (high street) to rent

16 The Broadway

Under Offer £3,333 pcm
2,154 sq. ft.

Property Description

Commercial information

  • 2,154 sq ft (200 sq m)

Key features

  • Extensive fitout completed throughout
  • Town Centre Location
  • Suitable for a variety of uses
  • Viewing is essential

Full description

Tenure: Leasehold

Location

Situated on the north side of Broadway within 100 metres of Stratford Town Centre, Stratford Shopping Centre and station Main Line (Jubilee Line, Central Line and DLR) which is adjacent to the new Stratford International Terminal. The property is also close to Westfield Shopping Centre and the Olympic Park which is continually undergoing regeneration following the games period.
The shop is situated in a busy high street with many national retailers nearby including Santander Bank, Paddy Power, McDonalds, Starbucks and Corals.

Description

The property has been extensively fitted with tiled flooring throughout, 10 treatment rooms equipped with high quality treatment beds. There is spot lighting and air conditioning around the entire premises. Ground floor consists of open reception and waiting area with 5 treatment rooms and back office. Upstairs has 5 treatment rooms. 2 rooms with fitted sink and showers, 2 with a sink, a WC, office and 1 larger room with SPA Capsule. The accommodation comprises as follows:

Ground floor sales area:986 sq.ft / 91.6 m²
First floor area: 1,168 sq.ft / 108.59 m²

Lease

A term of 10 years beginning on the 26th Sept 2014 contracted outside of the 1954 Landlord and Tenant Act subject to 5 year reviews at a rent of £40,000 per annum exclusive. The Landlord has a break clause on the 26th September 2017 onwards, however they are willing to extend the term for another 4 years subject to a deed of variation at the same rent.

Premium

Premium on request

Legal Costs

Incoming tenant to bear all legal costs incurred in this transaction. The respective assignee is, however, required to give an undertaking through their solicitors for any abortive Landlord’s legal costs should they withdraw from the transaction.

Viewings

Strictly by appointment through the sole agent


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