Thinking of buying or selling call 020 8599 9911

RICS   

TO LET - PRIME RETAIL PREMISES ON PEDESTRIANISED SECTION OF SOUTH STREET OPPOSITE ENTRANCE TO LIBERTY SHOPPING CENTRE
42 SOUTH STREET, ROMFORD, ESSEX, RM1 1RB

1,084 sq.ft ( 100.71 m2  )

Key Features

•  Opposite entrance to Liberty Shopping Centre
•  No Premium
•  Electric Roller Shutter
•  Heating and Cooling System
•  3 Phase Power
•  Rear Access

Location

The premises is situated on the pedestrianised section of South Street, just outside the entrance to the Liberty Shopping Centre and towards it's junction with both Market Place and High Street. Notable occupiers nearby include Cake Box, Creams, Halifax, Natwest, Primark and Marks & Spencer.

Accommodation

Sales area, ancillary storage separated by a non-load bearing partition and WC. Amenities include electric roller shutters, heating and cooling system, 3 phase power (untested) and the benefit of rear access. Approximate areas are as follows on a Net Internal Area basis:
Sales Area772 sq.ft ( 71.72 m2  )
Storage312 sq.ft ( 28.99 m2  )
Total1,084 sq.ft ( 100.71 m2  )

Lease Terms

The premises is offered by way of a new Full Repairing and Insuring (FRI) lease for a term by arrangement subject to periodic, upward only rent reviews.

Rent

£60,000 per annum exclusive of all outgoings, payable quarterly in advance on the usual quarter days

Rates

Rateable Value£37,500
UBR 2022/202349.9p
Rates Payable£18,712.50
Interested parties are advised to verify these figures and check whether they qualify for small business rates relief or full exemption with the London Borough of Havering on 01708 433 996.

Energy Performance Asset Rating

A+
A
B
C
D
84
This is how energy efficient
this building is
E
F
G

VAT

Value Added Tax is not applicable in respect of this transaction.

Service Charge

Service charge is not applicable in respect of this property.

Legal Costs

Each party to bear their own legal costs.

Viewing

Strictly by prior appointment with sole letting agents Taylor Freeman Kataria.

Contact:

Ravi Kataria
Ravi@cliffords-estates.co.uk

Rajiv Kataria
Rajiv@cliffords-estates.co.uk

GET IN TOUCH

TFK 306, Green Lane, Ilford IG1
020 8599 9911

BUSINESS HOURS

MONDAY - FRIDAY 9:00 a.m. – 5:00 p.m.
SATURDAY & SUNDAY CLOSED

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