UNIT19 QUADRANT ARCADE ROMFORD RM13ED

Location
Prominent Lock up Shop Unit

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
Lock up Shop Unit
TOTALLING APPROX 35.3sqm/380sq.ft Approx

Tenure
New Lease

Rent
£12,000 pax plus Vat

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
£290 per quarter

Building Insurance
£125 per annum

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

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



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