- Situated above Gants Hill Underground station (Central Line)
- Shop to let fronting onto Gants Hill roundabout
- Available with a new lease and no premium
- Arranged over ground floor and basement
- EPC Rating - TBC
The property is located on Cranbrook Road (A123) immediately opposite Gants Hill roundabout and above Gants Hill Underground station. The area is a busy commercial district with a range of retail, leisure and office occupiers. Notable businesses in the immediate vicinity include Sainsbury’s Local, Lloyds Bank, Iceland, Creams, and Tinseltown. Access to Gants Hill Underground station (Central Line) is via pedestrianised subways which are immediately adjacent to the property. The area is well served by buses.
The property is arranged over ground floor and basement. We understand that it currently falls within Use Class E, although all interested parties are advised to make appropriate enquiries with the London Borough of Redbridge planning department regarding the permitted use of the property. The property would be suitable for a range of uses, subject to appropriate consents being obtained. The size of the property is as follows;
Ground Floor = 381 square feet (35.4 square metres)
Basement = 515 square feet (47.9 square metres)
Total = 896 square feet (83.3 square metres)
Please note that these sizes have been obtained from the VOA. All interested parties are advised to rely on their own inspection and survey.
The property has a rateable value of £10,250 per annum. It is thought that an occupant would benefit from current business rates relief that is in place due to Coronavirus (COVID-19). All interested parties are advised to check with London Borough of Redbridge business rates department to independently verify the rates applicable for their intended use.
The property is available on a new lease at £14,000 per annum with further terms to be agreed. All negotiations are strictly subject to contract.