Executive Summary
- Commercial unit located in Ilford town centre on Cranbrook Road (A123)
- Measuring approximately 235 square feet (21.8 square metres)
- Would suit a range of uses (subject to appropriate consents)
- Available with a new lease and no premium
- EPC rating - TBC
Location
The property is located on Cranbrook Road (A123), Ilford in a densely populated residential and commercial area. The property is surrounded by a mix of independent traders, offices and residential property. Ilford station, which is on the Queen Elizabeth line is 0.4 miles away and Gants Hill station which is on the Central line is 1 mile away. The area is well served by local bus routes.
Please note all distances given are approximate only.
Description
A ground-floor commercial unit most recently occupied by a beauty salon. The property measures 235 square feet (21.8 square meters). It would be suitable for a range of uses subject to obtaining the appropriate consents. The unit benefits from electric shutters (untested) and w/c.
Please note that the sizes given are approximate only and provided by the VOA. All interested parties are advised to rely on their own inspection and survey.
Business Rates
2023 Rateable Value: £5,400
UBR (2023/24): 49.9p/£
Rates Payable: £2,694.60
These figures have been provided by the VOA. The tenant might be able to benefit from small business rates relief. All interested parties are advised to make their own enquiries to confirm the accuracy of these figures with the London Borough of Redbridge business rates department.
Terms
The property is available with a new 1-year lease at £10,000 per annum and to be excluded from the 1954 Landlord and Tenant Act. Further terms are to be agreed. All negotiations are strictly subject to contract.