UNIT 2 172-174 High Road, Ilford, London, IG1

LOCATION
The subject property is located in a busy fringe prime position on the pedestrianised section
of High Road, Ilford, on the same block as Waterstones, Betfred, Holland & Barratt, Sainsburys Local and Santander. Other nearby occupiers include JD Sports, Argos and Superdrug

ACCOMMODATION
Comprising ground floor commercial premises arranged as sales area and stores separated
by stud partitioning (non-structural). Approximate Net Internal Area (NIA) is as follows in accordance with the RICS Code of Measuring Practice (6th Edition):
Total 950 sq.ft ( 88.26 m )

LEASE TERMS
The premises is available by virtue of a new Full Repairing and Insuring (FRI) lease for a term to be agreed. The long leasehold interest is also for sale.

RENT
£40,000 per annum exclusive of all outgoings, payable quarterly in advance on the usual quarter days.

PRICE
Offers in the region of £500,000.00 subject to contract for the long leasehold interest with the benefit of the vacant possession.

RATES
Rateable Value £40,250
UBR 49.9p
Rates Payable
£20,085

Interested parties are advised to verify these figures and check whether they
qualify for small business rates or exemption with the London Borough of
Redbridge Council on .

VAT
VAT is applicable in respect of this transaction

SERVICE CHARGE
A service charge is applicable in respect of this transaction.

EPC
EPC Awaited

LEGAL COSTS
Each party to bear their own legal fees.
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.

Money Laundering Regulations
Due to recent money laundering regulations, all Tenants and Purchasers when making an offer on a property will need to provide a copy of their current Passport Photo page and a recent Utility Bill confirming their current address.

VIEWING
Strictly by appointments via agent


Ref: ANDREW CAPLIN
M:


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.