56 HIGH STREET NORTH, EAST HAM, LONDON E6 2HJ
PRIME RESTAURANT LEASE FOR SALE
*UNDER OFFER*
Location
Vibrant East Ham is situated in the London Borough of Newham and is benefitting from the substantial investment created by the 2012 Olympic Games. The Council is currently upgrading the street which is due for completion soon.
This property is in the prime retail location of the town, adjacent to Barclays Bank with other nearby retailers including Sainsbury, Clinton Cards, Primark and the East Ham Shopping Centre.
Accommodation
This property has the following approximate dimensions and areas:-
| Internal width | 27 ft 3 ins | 8.31 m |
| Ground floor sales | 74 ft 8 ins | 22.76 m |
| Ground floor storage | 2,414 sq ft | 224.24 sq m |
| First floor stock room | 352 sq ft | 32.71 sq m |
Plus First floor customer toilets.
There are 6 car parking space to the rear.
Tenure
The shop is held on a 18 year lease from 29 March 1999 at a current passing rent of £68,000 per annum exclusive subject to five yearly rent reviews.
Premium
Premium offers of £150,000 plus VAT are invited for this valuable A3 leasehold interest.
Rates
According to the Valuation Office website the property has a 2010 rateable value of £68,500.
Costs
Each party is to be responsible for their own legal costs.
Viewing
Strictly by appointment as staff are unaware of the impending disposal.
|
David England |
Peter Morgan |
