Excellent transport links

Assignment of lease

Busy location

A1/A2 use

Description: Situated within walking distance of both Westfield and Stratford Shopping Centre, this property benefits from extremely high footfall. Occupiers within a close proximity include Morrisons, Keatons, Nandos and numerous other national and independent retailers. The area is well serviced by excellent transport links including numerous bus routes and Stratford Regional station is served by London Overground, Docklands Light Railway, London Underground and National Rail services.

Location: Ground floor lockup shop that has A1/A2 use. The ground floor retail area is approximately 422 square feet (39.2 square metres). This unit benefits from suspend ceiling, air conditioning, kitchen, shutters and w/c.

Terms: The property is available by way of an assignment of the existing lease which began on 21st April 2004 for the term of 15 years. There is approximately 7 years left at a current rent of £16,000 per annum exclusive. Rent reviews set at every 5 years and will be due in April 2014 and 2019.

Business Rates: The London Borough of Newham have informed us of the following; 2010 Rateable Value: £12,750 2011/12 UBR: 0.458 p/£ 2011/12 Rates Payable: £5,839.50 All interested parties are advised to verify these figures with the local rating authority.

Legal Costs: The ingoing Tenant is to be responsible for both parties reasonable legal costs.

Viewings: Strictly through sole agents Clarke Hillyer on 020 8520 8411.



Disclaimer Clarke Hillyer endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.