LOCATION
The subject property is located in a busy fringe prime position on the pedestrianised section
of High Road, Ilford, on the same block as Waterstones, Betfred, Holland & Barratt, Sainsburys Local and Santander. Other nearby occupiers include JD Sports, Argos and Superdrug

ACCOMODATION
Comprising ground floor commercial premises arranged as sales area and stores separated
by stud partitioning (non-structural). Approximate Net Internal Area (NIA) is as follows in accordance with the RICS Code of Measuring Practice (6th Edition):
Total 950 sq.ft ( 88.26 m )

LEASE TERMS
The premises is available by virtue of a new Full Repairing and Insuring (FRI) lease for a term to be agreed. The long leasehold interest is also for sale.

RENT
£40,000 per annum exclusive of all outgoings, payable quarterly in advance on the usual quarter days.

PRICE
Offers in the region of £500,000.00 subject to contract for the long leasehold interest with the benefit of the vacant possession.

RATES
Rateable Value £40,250
UBR 49.9p
Rates Payable
£20,085

Interested parties are advised to verify these figures and check whether they
qualify for small business rates or exemption with the London Borough of
Redbridge Council on 020 8708 4357.

VAT
VAT is applicable in respect of this transaction

SERVICE CHARGE
A service charge is applicable in respect of this transaction.

EPC
EPC Awaited

LEGAL COSTS
Each party to bear their own legal fees.