UNITS N18/N19 Laurie Walk, THE LIBERTY SHOPPING CENTRE ROMFORD RM1 3RT

NOTE : Landlord redevelopment break clause from 2030

Location
The subject premises occupy an extremely prominent visual location within Laurie Walk very close to the junction with the main mall opposite Flight Centre and close to the Laurie Walk main entrance and Holland & Barrett and H&M.

A new Costa Coffee is now Open

Description
Former Shoe Zone offering a large retail unit extending to 244.7sqm/2,634sq.ft approx.

• Prominent & Visible Location
• Very Close to Holland & Barrett and H&M, plus a new
Costa Coffee is now open

Tenure
New contracted out lease to expire 31 December 2030

Subject to status and trading history the prospective tenant may be required to provide a personal guarantee and a minimum of 6 months rent deposit.

Note
Rent is plus VAT, Service Charge, Business Rates and Building Insurance

Cost as follows:

Rent: £20,000 pay plus Vat

Estimated Service Charge: £30,652.55 plus Vat per annum
Building Insurance: £731.58 per annum
Estimated Rates Payable: £8,117.50 pa payable

Legal Costs
To be paid by ingoing tenant.

Landlords abortive legal costs to be paid

EPC
To follow

Goad Plan
As attached

Business Rates
RV reduced from 61,000 to 25000
Rates payable approx 50% of RV
Please verify via LBH T: as some rates relief is likely to apply


GDPR
General Regulations (GDPR) will take effect on 25 May 2018.

As a business we must have a lawful basis to process personal data, and therefore we require your written consent to hold your personal data on our files.

Money Laundering Regulations
Identity Checks/AML The Money Laundering Regulations require us to conduct checks upon all Prospective Parties. Prospective Parties will need to provide proof of identity and residence. For a Company, any person owning more than 25% must provide the same.

VIEWING
Strictly by appointments via agent

Ref: ANDREW CAPLIN M:


Andrew Caplin Commercial conditions under which particulars issued. Andrew Caplin Commercial, for themselves, for any joint agents and for the vendors or lessors of this property whose agents they are give notice that: i) The particulars are ser out as a general outline for the guidance of intending purchasers or lessors and do not constitute part of an offer or contract. ii) All descriptions, dimensions, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct but intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the corrections of each of them. iii) No person in the employment of Andrew Caplin Commercial or any joint agents has any authority to make or give any representation or warranty whatsoever in relation to this property. iv) All rents and prices are quoted exclusive of VAT