UNIT GL16 THE LIBERTY SHOPPING CENTRE ROMFORD ESSEX RM1 3RL
UNIT GL16 THE LIBERTY SHOPPING CENTRE ROMFORD ESSEX RM1 3RL
Property Summary
PROMINENT SHOP PREMISES LOCATED JUST OUTSIDE THE MAIN ENTRANCE DOORS OF THE LIBERTY SHOPPING CENTRE
Full Details
LOCATION
Prominently and conveniently located just outside the main entrance doors of the Liberty Shopping Centre in Western Road.
DESCRIPTION
Prominent Ground Floor Lock up Shop with return frontage and providing the following approximate dimension & areas:-
Gross Frontage 9.16m
Return Frontage/Shop Depth 8.08m
Shop Width 8.94m
Ground Floor Area 75.5sqm/813sq.ft approx
Plus Staff WC
TENURE
New outside act Lease for a term to be agreed to contain a landlord rolling development break clause from July 2028.
COMMENCING RENTAL
£15,000 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.
SERVICE CHARGE
Estimated Service Charge
£4,724.27 per annum plus Vat.
BUILDING INSURANCE
£239.12 per annum
BUISNESS RATES
£8,918 per annum payable. Please verify Via LBH Tel: 01708 434 343 as an incoming tenant may benefit from small business rates relief.
EPC
To follow
LEGAL COSTS
Each party to pay their own legal costs with the incoming tenant to pay the landlords abortive legal costs if they withdraw after Solicitors have been instructed.
ADMINISTRATIVE FEE
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
NOTE
Landlord redevelopment rolling break clause from 31 December 2027

