High View Parade, Woodford Avenue, Ilford, Redbridge

LOCATION DETAILS:
The property is positioned to the rear of Highview Parade, with access provided via Grasmere Gardens. The surrounding area comprises a well-established mix of commercial and residential uses, with a range of local amenities available within the immediate vicinity. The property benefits from excellent connectivity to the wider road network, with the A12, A406 and M11 all within close proximity, providing convenient access to Central London, East London and the M25, as well as the wider national motorway network.

ACCOMMODATION:
The offices and yard are situated to the rear of the retail parade and are accessed via a separate entrance from Grasmere Gardens.
The accommodation has shared kitchen and WC facilities. The rear yard provides open storage space with a lock-up garage.

The offices have been measured on a Net Internal Area (NIA) basis and the rear yard & lock up measurement have been provided by our client. The approximate measurements are as follows:

Office C2 - 142 SQ FT 13.16 SQM
Office C3 - 219 SQ FT 20.35 SQM
Rear Yard & Lock Up 547 SQ FT 50.80 SQM
TOTAL: 908 SQ FT 84.21 SQM


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

RENT:
£16,500 per annum paid monthly in advance.

BUSINESS RATES:
Further details upon request.

EPC:
Further details are available upon request.

POSSESSION:
Upon completion of legal formalities.

LEGAL COSTS:
The ingoing Tenant is to be responsible for the Landlord's reasonable legal fees borne in this transaction.

ADMINISTRATIVE FEE:
Upon terms being agreed and prior to Solicitor’s being instructed, the prospective purchaser is to pay an administrative fee of £500 plus VAT to Bennett Phillips. This fee will cover all associated administrative costs incurred. In the event that the Vendor withdraws from the transaction once solicitors are instructed, 50% of the fee will be refunded.