Lease For Sale
NEWSAGENTS/CTN
Available
The Exchange Shopping Centre, Ilford IG1
(Reference No. 022765)
253.03 SQ FT (23.51 SQ M)
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Location:
Situated on the middle floor of The Exchange Shopping Mall, Ilford immediately adjacent to Burger King. Access is via the High Road or via Cranbrook Road.

Description:
Situated within the Ilford Exchange Shopping Centre which comprises in excess of 73 shops and stores anchored by Debenhams, Marks and Spencer and Wilkinsons.

Trading 7 days a week from 9am - 6pm and 11am - 5pm on Sundays. The business comprises a modern well fitted newsagent, confectioner that also sells snacks, ice cream, toys and gifts, cigarettes and soft drinks.

The premise also has a store room adjacent for storage of additional items.

This is a good opportunity to acquire an easy to run business within a centre with good footfall.

Areas:
Shop depth - 2.61m
Shop width - 7.86m
Store - 2.5m x 1.2m (approx)

Lease:
Held on a 15 year Lease with 5 yearly rent reviews at £12,500 pa.

Terms:
£45,000 is sought for the goodwill, fixtures, fittings and equipment plus stock at valuation.

Rates:
London Borough of Redbridge - RV £7,000 for 2010. Rates Payable approx £2,898. Interested parties should make their own enquiries via the Local Authority or Valuation Office www.voa.gov.uk. Claridges cannot guarantee any figures.

Viewing:
By appointment only via Sole Agents Claridges Commercial - 0845 205 0007.

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Claridges Commercial
Tel: 0845 205 0007  
Email:
contact@claridges-commercial.co.uk