LOCATION: The subject premises occupy a prominent and highly visible corner trading position with little in the way of direct local competition on the good and well populated residential outskirts of the vibrant & located opposite the Tesco`s Express at the Cherry Tree area of Rainham.
DESCRIPTION: Once inside, the store is well laid out and has a clean crisp feel. Our client has created a shop fit that maximizes all the available space within the building. There is a customer serving area to the front. To the rear of the shop are staff toilets and a kitchen area for staff comfort.
USES: A3/A5
PREMIUM: £24,950 for the benefit of the lease, fixtures, fittings and goodwill.
RENTAL: £10,000 per annum
TERMS: 4 years left of a open lease
BUSINESS RATES: All interested parties are encouraged to make their own enquiries with local authority
SIZE: 548 Sq ft
OPENING HOURS: Monday - Saturday 6:30 a.m till 3:00 p.m & Sunday 8:30 p.m till 2:00 p.m
STAFF: Owner managed with 2 staff
TURNOVER: Current turnover in excess of £104,000 per annum approximately
LEGAL COST: To be confirmed
LOCAL AUTHORITY: Rainham
ENERGY PERFORMANCE: Energy Performance Asset Rating is 119- E Rating. C copy of this property’s energy performance certificate is available on request.
REFERENCE CHARGE: London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non- refundable after the references have been taken up, whether they are accepted or not by the Landlord.
HOLDING DEPOSIT: A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account
FIXTURE & FITTINGS: Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition
AGENT NOTE: London Properties for themselves for Lessors, Vendors and their agents, give notice that:-
1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.
2. These details do not constitute any part of an offer or contract.
3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties.
4. All rent prices, fees and charges are quoted exclusive of VAT
VIEWINGS: Through London Properties by appointment only