Property description
Description
Ranson UK is proud to present a fantastic opportunity to acquire an A3 commercial unit positioned on East Ham’s High Street North. This commercial unit comes with a two bedroom flat above. The unit consists of a ground floor restaurant, front food serving area and a large kitchen area. The two bedroom flat is currently vacant, and the client advises a potential rental value of £1,000 per calendar month.
The high street benefits from a high footfall amongst several established retail operators including, Bairstow Eves, Haart and Nationwide. East Ham train station is just 5 minutes away from the unit, and many local bus routes service the area. This unit presents a fantastic opportunity for both an established, and developing brand to set up shop on a busy street.
Accommodation
Ground floor area:
Width/Frontage: 13 sqft approx
Depth: 54 sqft approx
Ground floor seating area size: 698sqft approx
Kitchen:
Width/Frontage: 40 sqft approx
Depth: 31sqft approx
Kitchen size: 800sqft approx
Total accommodation size: 1,498sqft approx
Tenure
Our client wishes to assign the lease which has 14 years remaining.
Rent
£35,000 per annum
Premium
£150,000
Legal Fees
Each party is to bear their own legal cost.
Rates
£9,000 P/A.
Viewings
By prior appointment through sole agents Ranson UK LTD.
Tel: 0207 538 4057
Email: enquiries@ranson.co.uk
Property Features :
- A3 LICENSE
- SEATING AREA
- 2 BEDROOM FLAT ABOVE
- FULLY EQUIPPED KITCHEN
- HIGH FOOTFALL