unit 8 Quadrant Arcade, Romford RM1 3ED

Location
Prominent Shop Unit/Former Medical Use very close to the busy Market Place Entrance.

Forming part of a shopping and leisure Arcade in the heart of Romford town centre with access from both Market Place (home to Romford market) and South Street. Romford is one of London’s key suburban commercial centres and lies 11 miles northeast of the City of London, 8 miles east of Stratford and 6 miles southwest of Brentwood.

Romford town centre has a number of big-name tenants including Marks & Spencer, Primark, H&M, TK Maxx and Sainsbury’s. Tenants within the arcade building include Greggs, William Hill, Primark, Travelodge
and Creams. Romford railway station is 0.2 miles away providing a regular service to Stratford and London Liverpool Street on the Elizabeth line (Crossrail).

The area benefits from excellent road connectivity with the A127, A12, A406, M11 and M25 all within easy reach.

Romford town centre is well served by buses. Please note all times and distances given are approximate only.

Description
Prominent Shop Unit arranged on Ground Floor plus 1st Floors.

Arranged on Ground & First Floors
Totals – 40.65sqm/437sq.ft.

Rent
£13,750 pax plus Vat, Service Charge and Building Insurance.

See Note re: Business Rates.

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.

Business Rates
The ingoing tenant may benefit from small business rates relief .

All interested parties are advised to make their own enquiries to
confirm with the London Borough of Havering business rates
department Tel

Service Charge
The current annual Service Charge for this unit is approximately £1217 per annum plus Vat and Annual Insurance Charge is £223 plus Vat.

Administrative Fees
Upon terms being agreed and prior to Solicitor’s being instructed, the prospective tenant/purchaser is to pay an administrative fee of £500 plus VAT to Andrew Caplin Commercial Limited. The fee will cover all associated administrative costs including any referencing fees incurred. In the event that the Landlord or Vendor withdraws from the transaction once solicitors are instructed, 50% of the fee will be refunded