High Road Leytonstone, London, E11

LOCATION:
The property is situated on High Road, Leytonstone (A12), immediately at the junction with Trinity Close, within 50 yards of High Road, Leytonstone Main Line station & 1 mile of Leytonstone (Central Line) station. The surrounding tenants are mainly local occupiers & include a pharmacy, nail bar, convenience stores & take-aways. The Imperial Venue (Banquenting) & The Continental Food Exchange are both close by.

ACCOMMODATION:
Comprising a prominent shopfront property, Class E (use) with return window frontage, laid out to provide a sales area. WC & kitchenette facilites are also provided.
Approx dimensions & floor areas are as follows:
Gross Frontage - 15' 0" (4.57m)
Return frontage - 9'6" (2.89m)
Return window frontage - 3'6" (1.06m)
Shop depth - 14'6" (4.41m)
Shop width - 20'3" (6.17m)
Sales area - 279 sq ft (25.91m2)

LEASE:
A new FRI lease is to be made available for a term to be agreed, subject to periodic upward only rent reviews. The Lease will be granted outside the provisions of the Landlord & Tenant Act.

RENT:
£15,000pax, paid quarterly in advance.

BUSINESS RATES:
According to the Valuation Office Agency website website, the Rateable Value of the property is £8,400. We believe the property will be exempt from business rates in the event the tenant qualifies for Business Rate Relief however, interested parties are advised to make their own enquiries to the Local Authority to verify whether they are entitled to full or part relief.

LEGAL FEES:
The ingoing tenant is to contribute towards the Landlords reasonable legal costs borne in this transaction.


POSSESSION:
Immediate upon completion of legalities.