The shop is located on Roman Road (B119), within an established parade of shops situated within viewing distance to the renowned Roman Road Market. Other notable retailers nearby include Domino’s and Betfed. Mile End Underground Station is situated 0.7 miles to the south of the property and provides frequent access to Liverpool Street Station with an approximate journey time of 6 minutes.
|497 - Retail||802 sq.ft ( 74.51 m2 )|
|497a - 2 bed||543 sq.ft ( 50.45 m2 )|
|497b - 2 bed||541 sq.ft ( 50.26 m2 )|
|497c - 1 bed||405 sq.ft ( 37.63 m2 )|
|499 - Retail||776 sq.ft ( 72.09 m2 )|
|499a - 2 bed||576 sq.ft ( 53.51 m2 )|
|499b - 2 bed||540 sq.ft ( 50.17 m2 )|
|499c - 1 bed||397 sq.ft ( 36.88 m2 )|
2 x leases granted to the ground floor shops for a term of 125 years from 1 January 2007 to Mustak Yakubhai Patel at a nominal ground rent of £500.00 per unit per annum. We are unaware as to whether this is static throughout the duration of the lease or subject to periodic increases.
5 of the flats above are subject to guaranteed rent agreements with Elliot Leigh at a rental of £1,500.00 per two bed and £1,200 for the one bed. Such agreements were granted for a period of 3 years commencing in May 2019.
499c Roman Road will be retained and as such subject to a new long lease of 999 years at peppercorn ground rent upon completion.
In accordance with Section 21 of the Estate Agent's Act 1979 we are obliged to disclose that a member of TFK has a personal interest in this property.
|Rates||The liability of rates for the ground floor is borne by the long leaseholder.|
Strictly by prior appointment with sole letting agents Taylor Freeman Kataria.
TFK 306, Green Lane, Ilford IG1
020 8599 9911
MONDAY - FRIDAY 9:00 a.m. – 5:00 p.m.
SATURDAY & SUNDAY CLOSED