Property description
Ground & first floor retail unit in Liberty Shopping Centre!-TO LET/LEASE ASSIGNMENT
The Liberty shopping centre located in the London Borough of Havering. It is the largest shopping centre in Romford, a metropolitan centre of Outer London. It underwent a four-year redevelopment completed in 2004. It covers 730,000 square metres (7,900,000 sq ft) with 36,400 square metres (392,000 sq ft) of retail space, around 100 shops. The Liberty has an annual footfall of 23 million, equating to 425,000 people per week.
The unit comprises of ground floor retail and first floor office. The glass fronted unit is fully fitted and air conditioned. The unit benefits from allocated parking. Romford Station (0.2 miles) is only 25 minutes from London Liverpool Street Station. The shopping centre provides parking for 850 cars and is easily accessible by car via A12, A118 and A125. The area is served by local buses.
AccommodationGround floor:
Width/Frontage: 19” approx
Depth: 39“approx
Ground floor size: 741sqft approx
Office:
Width/Frontage: 19” approx
Depth: 27“approx
Office size: 513sqft approx
Total accommodation size: 1254sqft approx
Lease Term/Commencement Our client wishes to assign original lease which has 9 years remaining.
Rent £32,000 per annum.
Premium £45,000 New Premium: £10,000
Legal Fees/Cost Each party is to bear their own legal cost.
VATThis property is elected for VAT.
RatesWe have been advised by our client that the service charge is £6,500 per annum and the current business rates are £12,000 per annum. However, all interested parties are encouraged to make their own enquiries with Borough of Havering.
ViewingsBy prior appointment through sole selling agents Ranson UK LTD.
Email: enquiries@ranson.co.uk
Tel: 0207 538 4057
Disclaimer
Ranson UK Limited their clients and any joint agents give notice that:
1. They have no authority to make or give any representations orwarranties in relation to the property. These particulars do not formpart of any offer or contract and must not be relied upon as statementsor representations of fact.
2. Any areas, measurements or distances are approximate. The text,photographs and plans are for guidance only and are not necessarilycomprehensive. It should not be assumed that the property has allnecessary planning, building regulation or other consents and Ranson UKLimited have not tested any services, equipment or facilities.Purchasers must satisfy themselves by inspection or otherwise.
Image of misc
Image of misc
Image of misc
Image of misc
Image of misc
Property Features :
- Excellent condition
- Very well presented
- High footfall
- Fully fitted retail unit
- Office space