Property Type | Retail |
Tenure | Lease Assignment |
Size | 2,449 sq ft |
Business Rates | £43,264 Per annum |
Service Charge | £12,791 Per annum |
Energy Performance Rating | This property has been graded as C |
The retail unit is suitable for a variety of uses within the E Use class. It is currently fitted out as a very high standard eatery, with table and chairs and ample open space surrounding the deli counter to the front, with a disabled WC to the rear of the ground floor plus store. The property is fitted with exposed ceiling, glazed frontage, attractive fixtures, and fittings including electric security shutters. Other features include high speed internet cabling, CCTV, and air condition. On the first floor is a Kitchen, office, and further storage facility.
The accommodation comprises the following areas:
Name | sq ft | sq m | Availability |
---|---|---|---|
Ground - Retail Unit | 2,449 | 227.52 | Available |
Total | 2,449 | 227.52 |
The subject property is situated in the east side of the mall, with multiple retailers present like Lidl, boots, JD Sports and Costa Coffee, the mall offers over 60 retail units. Within 3 minutes is the bus terminal and rail station (Central Line, Jubilee Line, DLR, Elizabeth Line and Cross rail). Stratford continues to undergo major changes and will benefit from substantial redevelopments behind Stratford’s main station. In addition to this, the area has seen increased focus from occupiers and investors due to the successful 2012 Olympic bid and development of Westfield shopping Centre.
Property is available by way of a lease assignment. An effective FRI lease for a term of 10 years was granted in May 2018 subject to a 5-year rent review. The lease is protected inside the Landlord and Tenant Act.
Each party to bear their own legal costs incurred in this transaction. The prospective assignee to give a solicitor undertaking to pay for the landlords legal and surveyor costs.
On request