49 SOUTH STREET ROMFOR ESSEX RM1 1NL
49 SOUTH STREET ROMFOR ESSEX RM1 1NL
Property Summary
PRIME SHOP PREMISES
APPROX 982sq.ft
Full Details
LOCATION
The subject shop occupies a Prime Trading location in the busy and popular pedestrianised section of South Street amongst numerous national prime retailers including M&S, KFC, Barclays Bank, Greggs & Nationwide Bank.
DESCRIPTION
Prime shop premises extending to 982sq.ft approx suitable for a variety of trades.
TENURE
New FRI lease for a term to be agreed with periodic upward only rent reviews.
COMMENCING RENTAL
£50,000 pax plus Vat and 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.
LEGAL COSTS
Each party to pay their own Legal Costs with the ingoing Tenants Solicitor to provide an abortive landlords legal costs undertaking should they withdraw after Solicitors have been instructed.
EPC
ATTACHED
ADMINISTRATIVE FEE
pon 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
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

