UNIT 1 THE HORIZON BILDING 51-69 Ilford Hill, Ilford, London, IG1

LOCATION
The Horizon Building, now one of Ilford's landmark new mixed use development, is located within the vibrant and multicultural town centre of Ilford,
home to the famous Exchange shopping mall and accompanied High Street consisting of leading retail brands, supermarkets, restaurants and cafes.

Ilford Town Centre is one of London's most exciting regeneration opportunities offering thousands of new homes, jobs, restaurants and services.

The Horizon Building is conveniently located adjacent to one of East London's busiest stations, Ilford Station, recently upgraded to the Crossrail Scheme, benefitting from increased service frequencies into key Central London destinations. Part of the building will be used by Crossrail to build a brand new ticket hall for the station.

Road links in the area are favourable with A123 directly connecting to the A12 and the A406
London North Circular Road.

The Horizon originally offered 3 brand new retail units, of which 2 have been let. Unit 3, adjacent to Unit 1, has been let to One Stop Convenience Store, and Unit 2, the larger of the 3, has been let to an eyecare clinic, Community Health and Eyecare Limited CHEC).

ACCOMMODATION
The Horizon Building comprises of 3 new self contained commercial premises at ground floor
level of which we have 1 unit remaining to let, offered in shell and core condition with a fully
glazed frontage. The unit forms part of a new 12 storey mixed use scheme with 122 residential units to the upper floors.

Approximate areas are as follows in accordance with the RICS Code of measuring Practice (6th Edition):

Total 3,778sq.ft (350.99sqm)

FEATURES
* Prominent Location
* Situated Within a New Mixed Use Building
* Frontage onto Ilford Hill
* High Footfall
* 3 Phase Power (Untested)
* Rear Access
* Loading/Unloading
* 8.96% net initial yield at the asking price against the quoting rent.

LEASE TERMS
The unit is eavailable either for sale long leasehold (LLH) or by way of a new Full Repairing and
Insuring (FRI) lease for a term to be agreed subject to periodic, upward only rent reviews

RENT
£52,500 per annum exclusive of all outgoings, payable quarterly in advance on the usual
quarter days

Value Added Tax is applicable in respect of
this property.

PRICE
Offers are sought in the region of £560,000.00 subject to contract in consideration of a 999
year long lease with vacant possession.

VAT
Value Added Tax is applicable in respect of this property.

SERVICE CHARGE
Estimated at £1.10 psf

LEGAL COSTS
Each party to bear their own.

EPC
EPC Awaited


GDPR
General Regulations (GDPR) will take effect on 25 May 2018.

As a business we must have a lawful basis to process personal data, and therefore we require your written consent to hold your personal data on our files.

Anti Money Laundering
Due to recent changes in the Anti Money Laundering regulation it is now standard procedure to undertake
a Personal and Company and general AML checks.

Please note this is taken up for both Landlord/Vendor and Tenant/Purchaser and any other entity that has a relationship with the property.

VIEWING Strictly by prior appointment with joint sole letting agents


Ref: ANDREW CAPLIN M:



Ref:Rajiv Kataria




Andrew Caplin Commercial conditions under which particulars issued. Andrew Caplin Commercial, for themselves, for any joint agents and for the vendors or lessors of this property whose agents they are give notice that: i) The particulars are ser out as a general outline for the guidance of intending purchasers or lessors and do not constitute part of an offer or contract. ii) All descriptions, dimensions, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct but intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the corrections of each of them. iii) No person in the employment of Andrew Caplin Commercial or any joint agents has any authority to make or give any representation or warranty whatsoever in relation to this property. iv) All rents and prices are quoted exclusive of VAT.