Property Information
Address:
High Road, Ilford, IG1
, IG1
Price: Property no longer available.
Size: SOA
Primary Category: Shop
All Categories:
Shop,
Property Ref/Movehut: MH249221
Property Ref/Agent: 008EEFA7-2F74-4FDC-A832-015477C03F26
*Please use the agent ref when calling the agent directly.
Property description
About this property
Corner shisha place on busy parade of shops-TO LET / LEASE ASSIGNMENT
Description
This is an excellent opportunity to acquire a running shisha lounge positioned on a busy parade of shops. The shisha place is in immaculate condition and consists of a large ground floor, outside seating area, storage room and toilets. The unit benefits from new furniture, modern interior, marble flooring, pool table and one parking space. This unit presents an excellent opportunity for someone who wants to take over this running business. Otherwise, it is suitable for a variety of A1 retailers.
The property is located few doors away from Papa Jones and opposite Galaxy gym. Closest stations are Ilford and Seven Kings (National rail) providing excellent connection to the rest of the network. The area is well served by the local buses and can easily accessible by car via A118 and A1083.
Accommodation
Ground floor:
Width/Frontage: 22 approx
Depth: 44 approx
Ground floor size: 968sqft approx
Total accommodation size: 968sqft approx
Lease Term/Commencement
Our client wishes to assign the lease which has 11 years remaining. We have been advised that the rent reviews are every 4 years.
Rent
16,000 per annum.
Premium
90,000 New Premium: 50,000
Legal Fees/Cost
Incoming party is to bear all legal cost
VAT
This property is not elected for VAT.
Rates
We are advised by our client that the business rates currently payable are NIL however all interested parties are encouraged to make their own enquiries with London Borough of Redbridge.
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