Confidential, Rainham, Essex

Location

The property occupies a prominent main road position, close to a major traffic light junction. Ample public parking is close by. . Rainham is part of the London Borough of Havering, having a population of c.257,000 (2018).

The Property

A self-contained ground floor takeaway with glazed frontage and customer entrance from the main road. To the front is a counter and preparation area with storage and kitchen to the rear, together with rear access.
At first floor is a large seating area providing 100 covers with bar, ladies/gents toilets and additional storage.
On site is 5-bedroom accommodation and 3 car spaces.

Figures

Reduced from £120,000 to £95,000 for the benefit of the lease, goodwill and fixtures & fittings.

Tenure Comments

Dated 30th June 2010 for a term of 20 years from 1st July 2010. The passing rent is £30,160 per annum exclusive plus VAT to expiry of the lease.

Costs

All other outgoings payable in addition.

VAT

VAT is payable on the rent.

Legal Costs

Each party is responsible for the payment of its own costs.

Energy Performance Certificate (EPC)

In the process of being prepared.

Rates Comments

The Rateable Value of the commercial space is £13,500 (2023). However, interested parties are advised to satisfy themselves fully with the Local Authority in this respect.

Anti Money Laundering

Due to recent money laundering regulations, all Tenants and Purchasers when making an offer on a property will need to provide a copy of their current Passport photo page and a recent Utility Bill confirming their current address.

Agents Note

All figures quoted are exclusive of VAT (if applicable)
No warranty is given is respect of the current planning use.
None of the amenities or fixtures and fittings have been tested.
The floor areas have been provided by a third party and should be verified on site in due course.