£17,000 pa

Retail premises to let

  1.  0Ab895F8A894445Fb7Bb2Ef51Bd98cc1.Jpg
  2.  Img_0421.Jpg
  3.  Img_0416.Jpg
Leasehold

From

£17,000 pa

(£20.68/sq. ft. pa)

Retail premises to let

Victoria Road, Gidea Park, Romford RM1

822 sq. ft

Local area information

Property location

Nearby amenities

  • The Bridge (SEN) 0.2 miles
  • Hylands Primary School 0.3 miles
  • Romford 0.3 miles
  • Gidea Park 0.8 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Leasehold
Key Points

  • Fully fitted restaurant / cafe premises (fitted out to high standard in 2021)
  • Ground floor sales / seating and rear kitchen / preparation areas
  • Located on Victoria Road, Romford which is key route between Romford and Gidea Park
  • Existing lease (inside the 1954 L&T Act) expiring 29th January 2032
  • Potential for morning, lunch, and evening trade

  • Description

    The property is a fully fitted restaurant / cafe premises. The accommodation is arranged over ground floor. The property includes a sales / seating area, kitchen area with extraction, storage / preparation area and WC facilities. We are informed the property was refitted in approximately 2021. Externally there is a front forecourt which could be used for seating / loading / parking.

    Location

    The property is located on Victoria Road in the Romford area of the London Borough of Havering. The location is a short distance from Romford town centre ring road (A1251) and on a key route into and out Romford town centre. The property is approximately 0.3 miles from Romford town centre / Romford train station. Victoria Road provides access to Heath Park Road, which in turns provides access to Gidea Park, Emerson Park, and Hornchurch areas.

    Rateable Value

    From information obtained from the Valuation Office Agency website the demise is rated as follows:-

    Address: 107, Victoria Road, Romford, RM1 2LX
    Description: Shop and premises
    Rateable Value: £8,900

    An ingoing tenant should qualify for small business rate relief. We would advise prospective interested parties to verify the matter with the local rating office.

    Tenancy

    An assignment of the current lease is available. This expires on 29th January 2032 date. The lease is within the security of tenure provisions of the Landlord and Tenant Act 1954. Further details on request.

    Rent

    £17,000 per annum. We are informed VAT is not payable on the rent.

    Premium

    Premium offers invited. We understand VAT is payable on the premium

    Identity Checks

    In order to comply with Anti-Money Laundering Legislation, the successful party will be required to provide certain identification documents. The required documents will be confirmed to and requested from the successful party.

    More information

    Report this listing

    Property descriptions and related information displayed on this page are marketing materials provided by - SMC Chartered Surveyors. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact SMC Chartered Surveyors for full details and further information.

    1. Zoopla
    2. Commercial to let
    3. Essex
    4. East London
    5. Dagenham
    6. Romford
    7. Gidea Park
    8. Victoria Road

    © 2024 Zoopla Limited. All rights reserved.

    Sold house prices provided by Land Registry/Registers of Scotland. © Crown copyright 2024. Our website is completely free for you to use but we may receive a commission from some of the companies we link to on the site.

    Zoopla Limited is an appointed representative of Uswitch Limited which is authorised and regulated by the Financial Conduct Authority (FRN 312850) to provide the mortgage calculator tool and incorporated with company registration number 06074771 and registered office at The Cooperage, 5 Copper Row, London SE1 2LH. Uswitch Limited is authorised and regulated by the Financial Conduct Authority (FCA) under firm reference number 312850.

    Zoopla.co.uk is not a mortgage intermediary and makes introductions to Mojo Mortgages to provide mortgage solutions. Zoopla.co.uk and Mojo Mortgages are part of the same group of companies. Zoopla may receive an introduction fee from Mojo Mortgages on completion of successful mortgage applications. This fee is based on a percentage of your loan amount. Mojo is a trading style of Life's Great Limited which is registered in England and Wales (06246376) and is authorised and regulated by the Financial Conduct Authority and is on the Financial Services Register (478215). Mojo's registered office is The Cooperage, 5 Copper Row, London, SE1 2LH. To contact Mojo by phone, please call 0333 123 0012.