romford - BNP Paribas Real Estate
ROMFORD 22/24 South Street, RM1 1RA A1 LEASE FOR ASSIGNMENT / NEW SUBLEASE
LOCATION Romford is a large suburban town approximately 14 miles north east of Central London. The town can be reached by the A12 from Junction 28 of the M25 motorway. Direct rail services to London Liverpool Street are available in approximately 15 minutes. The property occupies a prominent position on the pedestrianised section of South Street, close to the entrances of The Brewery and The Liberty shopping centres and on the primary footfall route between Romford Station and Romford Market. Nearby retailers include: Halifax, NatWest and Barclays Bank, Burtons Menswear and Dolcis Shoes as well as a number of local retailers including Butlers Ladieswear, Ministry of Gold Jewellers and Simms Shoes.
ACCOMMODATION The property has the following approximate floor areas: Gross Frontage Ground Floor Sales Basement Storage First & Second Floor Residential
8.72 m 134 sq m 136 sq m Not inspected
28.6 ft 1,452 sq ft 1,461 sq ft Not inspected
Total
260 sq m
2,804 sq ft
TENURE th
The property is held on a full repairing and insuring lease due to expire 28 February 2020, at a current rent of £86,000 per annum exclusive of rates and VAT. There is an outstanding rent review from February 2010. USE A1 use on the ground and basement floors. Assumed C3 on upper floors. TERMS/OFFERS Offers are invited for the benefit of our client’s leasehold interest. RATES We have been verbally advised from the Local Rating Authority that the premises are assessed for rates as follows: Rateable value 2011 £70,000
Rates payable £32,970
Interested parties should make their own enquiries direct with the Rating Department of the Local Authority. TIMING Vacant possession will be granted on completion of legal formalities. LEGAL COSTS Each party to be responsible for their own legal costs incurred in the transaction. VIEWING/FURTHER INFORMATION Please contact Annie Newman Tel : 0113 237 6684 Email : [email protected]
Misrepresentation Act 1967: BNP Paribas Real Estate Advisory & Property Management UK Limited for themselves and for the vendor(s) or lessor(s) of this property whose agents they are, give notice that: 1. These particulars do not constitute, nor constitute any part of, an offer or contract. 2. None of the statements contained in the se particulars as to the property are to be relied on as statements or representations of fact. 3. Any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 4. The vendor(s) or lessor(s) do not make or give and neither BNP Paribas Real Estate Advisory & Property Management UK Limited nor any person in their employment has any authority to make or give, any representation or warranty whatever in relation to this property. Finance Act 1989: Unless otherwise stated all prices and rents are quote exclusive of VAT. Property Misdescriptions Act 1991: These details are believed to be correct at the time of compilation but may be subject to subsequent amendment.
Misrepresentation Act 1967: BNP Paribas Real Estate Advisory & Property Management UK Limited for themselves and for the vendor(s) or lessor(s) of this property whose agents they are, give notice that: 1. These particulars do not constitute, nor constitute any part of, an offer or contract. 2. None of the statements contained in the se particulars as to the property are to be relied on as statements or representations of fact. 3. Any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 4. The vendor(s) or lessor(s) do not make or give and neither BNP Paribas Real Estate Advisory & Property Management UK Limited nor any person in their employment has any authority to make or give, any representation or warranty whatever in relation to this property. Finance Act 1989: Unless otherwise stated all prices and rents are quote exclusive of VAT. Property Misdescriptions Act 1991: These details are believed to be correct at the time of compilation but may be subject to subsequent amendment.
LOCATION Romford is a large suburban town approximately 14 miles north east of Central London. The town can be reached by the A12 from Junction 28 of the M25 motorway. Direct rail services to London Liverpool Street are available in approximately 15 minutes. The property occupies a prominent position on the pedestrianised section of South Street, close to the entrances of The Brewery and The Liberty shopping centres and on the primary footfall route between Romford Station and Romford Market. Nearby retailers include: Halifax, NatWest and Barclays Bank, Burtons Menswear and Dolcis Shoes as well as a number of local retailers including Butlers Ladieswear, Ministry of Gold Jewellers and Simms Shoes.
ACCOMMODATION The property has the following approximate floor areas: Gross Frontage Ground Floor Sales Basement Storage First & Second Floor Residential
8.72 m 134 sq m 136 sq m Not inspected
28.6 ft 1,452 sq ft 1,461 sq ft Not inspected
Total
260 sq m
2,804 sq ft
TENURE th
The property is held on a full repairing and insuring lease due to expire 28 February 2020, at a current rent of £86,000 per annum exclusive of rates and VAT. There is an outstanding rent review from February 2010. USE A1 use on the ground and basement floors. Assumed C3 on upper floors. TERMS/OFFERS Offers are invited for the benefit of our client’s leasehold interest. RATES We have been verbally advised from the Local Rating Authority that the premises are assessed for rates as follows: Rateable value 2011 £70,000
Rates payable £32,970
Interested parties should make their own enquiries direct with the Rating Department of the Local Authority. TIMING Vacant possession will be granted on completion of legal formalities. LEGAL COSTS Each party to be responsible for their own legal costs incurred in the transaction. VIEWING/FURTHER INFORMATION Please contact Annie Newman Tel : 0113 237 6684 Email : [email protected]
Misrepresentation Act 1967: BNP Paribas Real Estate Advisory & Property Management UK Limited for themselves and for the vendor(s) or lessor(s) of this property whose agents they are, give notice that: 1. These particulars do not constitute, nor constitute any part of, an offer or contract. 2. None of the statements contained in the se particulars as to the property are to be relied on as statements or representations of fact. 3. Any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 4. The vendor(s) or lessor(s) do not make or give and neither BNP Paribas Real Estate Advisory & Property Management UK Limited nor any person in their employment has any authority to make or give, any representation or warranty whatever in relation to this property. Finance Act 1989: Unless otherwise stated all prices and rents are quote exclusive of VAT. Property Misdescriptions Act 1991: These details are believed to be correct at the time of compilation but may be subject to subsequent amendment.
Misrepresentation Act 1967: BNP Paribas Real Estate Advisory & Property Management UK Limited for themselves and for the vendor(s) or lessor(s) of this property whose agents they are, give notice that: 1. These particulars do not constitute, nor constitute any part of, an offer or contract. 2. None of the statements contained in the se particulars as to the property are to be relied on as statements or representations of fact. 3. Any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 4. The vendor(s) or lessor(s) do not make or give and neither BNP Paribas Real Estate Advisory & Property Management UK Limited nor any person in their employment has any authority to make or give, any representation or warranty whatever in relation to this property. Finance Act 1989: Unless otherwise stated all prices and rents are quote exclusive of VAT. Property Misdescriptions Act 1991: These details are believed to be correct at the time of compilation but may be subject to subsequent amendment.
