21 Brick Lane

Description

The premises comprise a ground floor lock-up within a neighbourhood area situated beneath a 2-storey residential block. There is a shop floor and a store room. The shop is located on Brick Lane with many convenience stores and fast food restaurants.

Location

Brick Lane is located just off Whitechapel Road and is located within walking distance of the city. The subject property is well located for bus services and approximately 5 minutes' walk from Aldgate Station providing transport around London on the Hammersmith & City Line and the District Line. Liverpool Street Station is a 10-15 minute walk away providing transport around London on the Underground and as well as National Rail service. Shoreditch High Street Station is a 10-15 minute walk away providing Overground service.

Accommodation

Rent

The rent sought for this property is £30,000 p.a.

Lease

The property would be offered to the market to be let for a period of 10 years and outside the security of tenure and compensation provisions of the 1954 Landlord & Tenant Act. The property is to be marketed for A1 and B1 use.

Business Rates

We understand that the property is currently assessed as an A1 premises and its rateable value is £50,000. The rate payable based on the Non-Domestic Rate Multiplier (0.480) is £24,000.

Interested parties should make their own enquiries with the Local Authority to verify this information.

Legal costs

Each party is to be responsible for their own legal costs incurred in the transaction.

EPC

An Energy Performance Certificate can be made available.

VAT

VAT, if applicable, will be charged at the standard rate.

Marketing

21 Brick Lane Marketing Particulars

Contact

Sam Davidson
Tel: 020 7911 2585
Mobile: 07795814124
Email: sam.davidson@gva.co.uk