Property description
The commercial unit is positioned on High Street North. The unit consists of ground floor and basement and is situated opposite a 24 hours petrol station and large business park. It further benefits form no competition in the direct area!
East Ham is only 15 minutes bus ride away from the brand new 2012 Olympic Stadium so the whole area is on the rise with a massive regeneration project well underway. This unit presents a fantastic opportunity for both an established, or developing brand to set up shop on a busy up and coming street. A hugely popular indoor market is also located on the road attracting many people from across East London on a daily basis. East Ham station is only few minutes away from the unit, and many local bus routes serve the area. The shop is also easy to get to by car via the A117 and A13.
Accommodation: Ground Floor Unit
Basement: App 170 sq ft
Main Shop Floor: App 1,045 sq ft
Total accommodation size: App 1,215 sq ft
Lease Term/Commencement:
Our client wishes to assign the renewable ease which has app 2 and a half years remaining.
Rent:
£35,000 to be paid up front
Premium:
£15,000
Legal Fees/Cost:
Each party are to bear their own legal cost
Rates:
We have been advised by our client that the current rates payable are £5,000 per annum. However, all interested parties are encouraged to make their own enquiries with London Borough of Newham.
Viewings:
By Prior Appointment through agents Ranson UK LTD.
Email: enquiries@ranson.co.ukTel: 0207 538 4057
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Property Features :
- Ground floor + basement
- Opposite petrol station
- 2 bedroom flat above
- Rental income of £12,000 per annum
- Busy Location between E6 and E12