Property description
This large A1 commercial unit is located on Leyton’s busy Lea Bridge Road. The property has strong transport links and is well serviced by an array of local buses. The unit consists of a shop floor, storage room, small office and rear yard. We have been advised by our client that the weekly income is £4,000-£4,500. Leyton is one of London’s most vibrant and multicultural areas with massive regeneration set to occur in the near future, business is sure to boom in the coming years. This unit benefits from the option to either take on the existing business with all stock included or to take the unit as a vacant premise for any type of A1 business.
Accommodation
Shop Floor: Approximately 920 sq ft
Storage Room: Approximately 325 sq ft
Rear Yard: Approximately 650 sq ft
Total accommodation size: 1895 sq ft approx
Lease Term/Commencement
Our client wishes to assign the existing lease which has 5 years remaining.
Rent
£20,000 per annum
Premium
£50,000 as existing business (including stock) £30,000 (plus legal fees) as vacant unit Legal Fees/Cost. Incoming tenant to bear leaseholder’s legal fees.
Rates
Our client has advised the current business rates are £9,100 per annum.
Viewings
By prior appointment through sole selling agents Ranson UK LTD.
Email: enquiries@ranson.co.uk Tel: 0207 538 4057
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Property Features :
- A1 LICENSE
- BUSY HIGH STREET
- HIGH FOOTFALL LOCATION
- WELL SERVICED BY BUSES
- OPTION FOR VACANT PREMISES