|Property Type||Office, Retail|
|Size||790 sq ft|
|Rent||£20,000 per annum exclusive|
|Business Rates||£5,029 per annum (based on rateable value of £10,500). We recommend that you make your own enquiries to the Local Authority.|
|Energy Performance Rating||This property has been graded as 69 (C)|
The property is situated on the west side of The Grove close to the junction of Crescent Road. This is an extremely popular and sought after trading position and benefits from substantial passing footfall, vehicular traffic and is also served by a number of major bus routes. Stratford’s main shopping centre is a short walk from the property as is the bus terminus and rail station (Central Line, Jubilee Line, DLR and British Rail).
|Ground floor||451 sq ft|
|Lower ground floor||339 sq ft|
|Total||790 sq ft|
The property is available subject to the existing 12 year FRI lease due to expire 8th January 2026 with fixed uplifts on the 25th December 2018 to £22,500 and on 25th December 2022 to £25,000.
Each party to bear their own legal costs incurred in this transaction. The prospective tenant is required to give an undertaking through their solicitors prior to the commencement of legal formalities for any abortive legal costs should they withdraw from the transaction. The proposed assignee is responsible for the landlords legal and surveyor costs to the proposed assignment whether or not this matter proceeds to completion.
Strictly by appointment only with Landlord’s sole agents