|Property Type||Office, Retail|
|Size||2,208 sq ft|
|Rent||£50,000 per annum|
|Business Rates||£20,089.75, per sq ft, (based on rateable value of £40,750)|
Situated on the north side of Broadway within 50 metres of Stratford Town Centre, Stratford Shopping Centre and the main station offering access to the Jubilee Line, Central Line and DLR as well as mainline services which is adjacent to the Stratford International Terminal.
The shop is situated in a busy high street with many national retailers nearby including Santander Bank, Paddy Power, McDonalds and Starbucks. There is a high level of footfall passed the shop accessing many of the other independent retailers in the area.
The property was previously fitted as a mobile phone shop and has a open plan sales area and storage facility to the rear which could be opened up to provide one large open plan area. There is a first floor space offering additional accommodation for office space and also provides a kitchen area and 2 WC's. The property requires some internal refurbishment but is ready immediately for occupation. The property will be suitable for a variety of uses, subject to any planning requirement although the current use falls under A1 - retail.
Ground floor sales area
|1,028 sq.ft / 95.5 m²|
|First floor area||1,180 sq ft/ 109.6 m²|
A new FRI lease outside the Landlord and Tenant Act 1954 for a term up to 10/15 years with a landlord rolling break option, subject to development, at the end of the 4th year of the term on 3 months written notice.
The ingoing tenant to pay the Council’s agency fees prior to completion at 10% of the annual rent. An undertaking will need to be entered into prior to the Council’s solicitors forwarding lease documentation which currently equates to £1,500 subject to confirmation.
Strictly by appointment through the sole agent