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To Rent £23,000 pa

Commercial Road, London, E1 - £23,000 pa

  • A1 Retail Unit
  • Ground Floor and Basement
  • Busy Location on Commercial Road
  • New Lease
  • Approx 800sqft

Ground floor commercial unit+basement in a excellent busy location!-TO LET / NEW LEASE

Description
This is a fantastic opportunity to acquire the ground floor and basement shop previously Oceanus Fashion. The unit is located opposite William Hill and the unit is also located next to Ladbrokes, McDonald's, London Metropolitan University, Lahore Kebab house.
Aldgate East station is only few moments away and the area is easily accessible via A13 and A1203.
Commercial Road is currently under huge redevelopment at both the Aldgate end and the Canary Wharf end. A short walk down commercial road will reveal a number of residential and commercial developments currently underway. Commercial Road runs east from Aldgate to Limehouse and Canary Wharf. Beyond which is access to Blackwall Tunnel and A12 trunk road. At this point there is excellent access to A406 North Circular and M11 and other major trunk roads.

Accommodation:
Ground Floor size: 550sqft approx
Basement size: 300sqft approx.

Total accommodation size: 800sqft approx

Tenure
Leasehold - £23,000 per annum.
Our client wishes to issue a new full insure & repair lease flexible on length .

Class A1 usage

Premium - our client is seeking a premium of £25,000.

Legal Fees
Each party is to bear their own legal cost.

Rates
Interested parties are encouraged to make their own enquiries with Borough of Tower Hamlets.
Viewings

By Prior Appointment through agents Curtis Jones Ltd.
Email: lettings@curtisjoneslondon.com
Tel: 0203 475 5991
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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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Letting Fee Information

Included in your Tenancy Fee & Charges

Holding Fee
£600 will be requested upfront as a sign of your commitment. Once received the property will be withdrawn from the market and all outstanding viewings will be cancelled. This amount will be deducted from your six week’s security deposit payment.
PLEASE NOTE The holding deposit is non-refundable if references are declined, or if you decide to pull out of the process.

Administration Fee
£384 for each property including referencing fee for up to three tenants. £50 for each additional tenant thereafter

Change of Tenant or Additional Tenant
£100 administration fee for a new tenancy agreement £50 for each new or additional tenant

Renewal Fee
£150 will be charged to cover our administration costs

Check Out Fees
1 Bed £120 - 2 Bed £130 - 3 Bed £140 - 4 Bed £160 – 5 Bed £180
If organised directly by the landlord, these fees may be subject to change

Security Deposit
A deposit will be taken before move in at the equivalent of 6 weeks rent. This may change depending on the landlords circumstances or if pets are added to the tenancy.