To Rent - Martha Street, Shadwell, E1 - £16,000 pa

Kennethlloyds.com pleased to offer this prime location shop lease for sale located in Shadwell E1. Its very rare for a vacant shop to be available in this location. This is prime location of heart of Shadwell and min from Whitechapel and Wapping. Also its next to famous Chapman street, which is famous for Fish and asian grocery. people come from all over England. The Premise is situated in stone throw from Shadwell DLR and 2min for Shadwell Overground.

Transport Link;-
Shadwell (Over ground & DLR) and Lime house (DLR) stations are all within close proximity. There are also various buses serving the area on Commercial Road.
Whitechapel (Over ground and Underground - District and Hammersmith & City Lines),

Description & Accommodation:-
A end of terrace newly developed building. Currently its running as desert and sweet shop. Previous 4 years this shop was a letting agent, which was relocated to different location to expand the business further. The shop has A1 and A2 permission. It has Kitchenette and WC area and very large shop floor and managers private room.

•Terms & Condition
• Rent :- £16,000 rent per annum then £17k for 2016, £17k 2017
• Rent Review:- 4 yearly rent review next review in 2018
• Deposit:- 3-6 month deposit depending on credit status
• Advance:- 3 months rent advance
• Business Rate :- £1700 (approx.) pa very low
• Original Lease :- 20 years ( Out side Tenant & Landlord Act) Starting from Sep 2010
• Unexpired Lease:- 15years remaining.
• Legal Cost:- Each party will bear its own legal costs except landlords legal costs to be borne by the ingoing tenant.
• Premium :- £13,000 for quick sale

This is a significant opportunity to purchase this business lease in a prime location which will be suitable for new Start-Up or move your existing business. Businesses including; Accounting firm, Business Consultant, Estate Agent, Solicitors, Travel Agents and other Service Sector Businesses

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IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.

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