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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