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£55,000 pcm | £660,000 pa | 582 sq ft

Shop to rent

The Grove, Stratford E15

£55,000 pcm | £660,000 pa | 582 sq ft

Shop to rent

The Grove, Stratford E15

Description

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Letting details

  • Available now
  • Furnished

Property description

LOCATION:

 

The premises are prominently located busy The Grove in Stratford. This commercial unit offers excellent transport links with Maryland and Stratford stations (serving on the Jubilee, Central, DLR, National rail services and Overground lines), all within a few minutes’ walk away, providing easy access to the City. The area is also easily accessible by car via the A112 and A118.

 

 

 

DESCRIPTION:

 

Single fronted shop front with retails shelves, fridges, counter, chest freezers, WC, storage room & rear yard

 

 

 

USES:

 

A1/A2

 

 

 

PREMIUM:

 

£55,000 Guide price for the benefit of the lease, fixtures, fittings and goodwill.

 

 

 

RENTAL:

 

£21,500 per annum

 

 

 

TERMS:

 

Our client wishes to assign his lease which has 7 years remaining but a new effective FRI lease for a term to be agreed with the freeholder

 

 

 

BUSINESS RATES:

 

We have been advised by the client that the current rates payable are £980 via small business relief However, all interested parties are encouraged to make their own enquiries with Borough of Newham

 

 

 

SIZE:

 

Approximately 582 sq ft

 

 

 

OPENING HOURS:

 

Monday - Sunday 10:00 a.m 9:00 p.m

 

 

 

STAFF:

 

Owner managed with 1 staff

 

 

 

TURNOVER:

 

Current turnover in excess of £208,000 per annum approximately

 

 

 

LEGAL COSTS:

 

Each party are to bear their own legal costs

 

 

 

LOCAL AUTHORITY:

 

Newham

 

 

 

ENERGY PERFORMANCE CERTIFICATE:

 

Energy Performance Asset Rating is 95- D Rating. A copy of this property’s energy performance certificate is available on request.

 

 

 

REFERENCE CHARGE:

 

London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non refundable after the references have been taken up, whether they are accepted or not by the Landlord

 

 

 

HOLDING DEPOSIT:

 

A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account

 

 

 

FIXTURE & FITTINGS:

 

Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition

 

 

 

AGENT NOTE:

 

London Properties for themselves for Lessors, Vendors and their agents, give notice that:- 


1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries. 


2. These details do not constitute any part of an offer or contract. 


3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties. 


4. All rent prices, fees and charges are quoted exclusive of VAT


 

 

 

VIEWINGS:

 

Through London Properties by appointment only.

Map

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Nearby services within a 3 mile radius

Stations
Schools
Food stores
Health

Street view is not available at this location

Call 020 8115 1657

DISCLAIMER

Property reference tUvCUw5YYdc. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by London Properties - Wealdstone. Please contact the selling agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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