15 Chapel Road, Ilford – Retail Premises To Let

General Details

• On behalf of the London borough of Redbridge
• New full repairing and insuring Lease
• Retail premises to let (e class)
• Approx gross internal area 880 ft2 (81.84m2)

Location

The premises are located within the midst of this shopping parade situated fronting directly onto Chapel Road, between the junctions of High Road, Ilford and Clements Lane. The parade is situated within close proximity to High Road, Ilford which houses a number of multiple retailers and The Exchange Shopping Centre.

Ilford Elizabeth line/British Rail main line station is also located nearby and the area is serviced by numerous bus routes.

Description

The premises comprise of a mid terrace lockup shop premises, situated in the midst of this mixed user retail parade, offering a gross internal area of 880 sq.ft.

The premises previously traded as a Greggs bakers but is suitable for a variety of retail uses subject to landlords consent.

Terms & Rent

A new five year lease contracted outside the provisions of Part II of the Landlord and Tenant Act 1954 is to be offered.

The premises are offered to let at a commencing rental of £30,000.00 per annum exclusive.

Legal Costs

The ingoing lessee is to bear the Council’s reasonable legal costs, estimated to be in the sum of £1,500.00

EPC Rating

Band C – current certificate expires August 2032.

Planning

The property is situated within the London Borough of Redbridge - Interested parties are advised to make their own planning enquiries with the Local Authority – 020 8554 5000.

Rateable value – £29,000.