The property is situated at the end of Lyon Road, which is accessed via South Street, which connects directly to the Romford Ring Road, a short distance from the A13 or A127 Trunk Road.
|Ground Floor||3,980 sq.ft ( 369.75 m2 )|
|Mezzanine||510 sq.ft ( 47.38 m2 )|
|Total||4,490 sq.ft ( 417.13 m2 )|
The property is let on a Full Repairing and Insuring (FRI) lease from 2019 between the Landlord and Limited Company with a personal guarantor for a term of 12 years with a break clause at the 6th anniversary of the term. The lease is within the provisions of the Landlord and Tenant Act governing Security of Tenure, and has provisions for upward only rent reviews to market level every 3 years. The current rent passing is £50,250.00 per annum exclusive of all outgoings. In addition, the Tenant pays the sum of £13,000.00 per annum to use an industrial boiler that the Landlord has provided within the property.
|Rateable Value Unit 1||£10,250|
|Rates Payable Unit 1||£5115|
|Rateable Value Unit 2||£13,000|
|Rates Payable Unit 2||£6,487|
This is how energy efficient
this building is
Strictly by prior appointment with sole selling 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