Property description

We are proud to present this A1 usage property, situated on a busy high street more specifically Roman Road among such retailers as Iceland foods, Coral and Poundland as well as many bars and clubs. There is also a well-known weekend market on Roman Road attracting many customers to this location. The property benefits from good footfall and a healthy number of cars driving past the property on a daily basis. The property is situated a short 5 minute walk from both Bethnal Green Station and Mile End Station.

This property comprises of a spacious Ground Floor space of 300 sq. ft. (approx.) and a basement space great for storage offering 130 sq. ft. (approx.). We can confirm the property has recently been fully refurbished which is to a great benefit to the incoming tenant. Our Client is looking to assign a New Lease with the term to be negotiated. Our client is seeking an annual rent of £18,000 and a premium of £12,000.

Accommodation

Ground Floor: 28.04 ft. x 10.66 ft.

Basement: 12.00 ft. x 10.94 ft.

Total: 430.18 sq. ft. (approx.)

Tenure
Leasehold/Lease Assignment
Our client wishes to assign a New Lease with the term to be negotiated.

Premium
Our client seeks a premium of £12,000 for goodwill fixtures and fittings.

Rent
The current rent for this property is £18,000 per annum.

Rates
We advise al interested parties to make their own enquires with the local council which is Tower Hamlets.

Legal Fees
The incoming tenant is to bear their own as well as the seller’s legal fees.

To arrange a viewing please call us on 020 7510 0860 or alternatively call our property manager directly on 074 1586 3800. If you have any questions or enquires regarding this property, please feel free to give us a call we are always happy to help.

Property Features :

• New Lease Offered
• Fully Refurbished
• Located on Busy High Road
• High Footfall & Traffic
• Famous Weekend Market on Location