Thinking of buying or selling call 020 8599 9911

   

STARTER UNITS TO LET / MAY SELL WHOLE BUILDING

8 CHAPEL ROAD, ILFORD, ESSEX, IG1 2AG

188 sq.ft - 1,142 sq.ft ( 17.47 m2 - 106.10 m2  )

UNDER OFFER

Key Features

•  Current Income £48,000.00 Per Annum.
•  Prime Location
•  Excellent Transport Links.

Location

The property is located in the Ilford Town Centre on Chapel Road amongst a parade of similar shops and opposite side of the road to Sainsbury’s Superstore. The immediate area is being regenerated with new developments of largely flats which is likely to have positive spill over affects to the subject property.

The property benefits from good public transport that is available from Ilford Train Station located 2 minutes walk away from the property and regular bus services from Cranbrook Road also approximately 2 minutes’ walk away. The A12 located to the north of the property which provides access to the Central London and the A406 which is located to the west which link M11 Motorway providing access to the motorway network.

The property also benefits from good shopping and leisure facilities with many good restaurants, bars and boutiques located on Cranbrook Road and scattered in the surrounding areas close to the property with major facilities available at the Exchange Shopping Centre also on Cranbrook Road opposite the Train Station.

Accommodation

The premises comprises of 4 office suites to be let individually or as a whole, with a large basement.
Office 1135 sq.ft ( 12.54 m2  )
Office 2118 sq.ft ( 10.96 m2  )
Office 3241 sq.ft ( 22.39 m2  )
Office 4248 sq.ft ( 23.04 m2  )
Basement400 sq.ft ( 37.16 m2  )
Total1,142 sq.ft ( 106.10 m2  )

Lease Terms

The office units are available by way of annual licence agreements inclusive of all outgoings.

The upper parts are arranged as a 5 bedroom split level maisonette over the first and second floor let on an AST from 1st April 2019 at a rent of £30,000.00 per annum (£2,500 pcm).

We are advised that the front part of the ground floor shop is let to a Mobile Phone Shop on a 5 year lease outside of the act at a rental of £18,000.00 per annum from 1st August 2019.

An up-to-date schedule of availability and rentals is available upon request. We are advised that the rents are inclusive of all utilities and service charges.

Rates

Rateable ValueTo Be Re-assessed

Energy Performance Asset Rating

A+
A
B
C
D
89
This is how energy efficient
this building is
E
F
G

VAT

Value Added Tax may be applicable in respect of this transaction.

Service Charge

Service charge may be applicable in respect of this transaction. Further details available on request.

Legal Costs

Each party to bear their own legal costs.

Viewing

Strictly by prior appointment with letting agents Taylor Freeman Kataria.

Contact:

Mukund Kataria
Mkataria@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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