Ground floor retail premises with basement space in popular suburban town on the outskirts of Havering

Key Points

• Ground floor retail premises (deep shop) with basement storage
• Historic A2 retail, now E class planning consent (allows A1, A2, A3, B1 & D1 Uses)
• Located in Upminster town centre close to Costa, Cafe Nero, Roomes of Upminster, Marks and Spencers
• Available on a new lease on terms to be agreed
• Zero rates payable until 1st April 2021 as a Government tax break following the Covid-19 Pandemic (for retail/leisure uses)

Description

The property comprises a ground floor retail premises with basement accommodation. The accommodation includes a front sales area, rear sales area, store, store / kitchen, and 2 WC's on the ground floor with basement storage accessed via a rear staircase.

The property was most recently occupier by a travel company, although could be suitable for a wide variety of retail uses. The property includes carpets, suspended ceiling, glass shop frontage, and air conditioning, with a particularly long shop depth (in excess of 16m). The premises has the benefit of mains water, electricity, and drainage.

Available area

The accommodation comprises of the following

Location

The fronts onto Station Road in Upminster town centre, a leafy suburb located in the London Borough of Havering. Upminster is approximately 4 miles from Romford, and 1.5 miles from the A127 which provides access to the M25, East London and Essex. The location benefits from excellent road, bus, tube and overground train links.

The property is located nearby to Aldi, Superdrug, Costa Coffee, Pizza Express, Holland and Barrett, Roomes of Upminster and many other shops, cafes, and restaurants. There are also a number of primary and secondary schools within a short distance.

Viewings

For further information or viewings, please contact the agent:
Francois Neyerlin
Telephone: 0114 281 2183
Email: francois.neyerlin@smcommercial.co.uk

Rating Assessment

Zero rates payable until 1st April 2021 as a Government tax break following the Covid-19 Pandemic for for retail, hospitality and leisure businesses. Prior that and from information obtained from the Valuation Office Agency websites the demise is rated as follows:-

Address: 17, Station Road, Upminster, Essex, RM14 2SJ
Description: Shop and premises
Rateable Value: £19,500

Interested parties are advised to make their own enquiries with the Local Authority (Havering) for verification purposes

Planning

The premises are understood to have A2 consent. Under the changes to the Use Class Order effective from 1st September 2020, we understand that these premises now benefit from an E class planning consent. This allows the premises to be used for the former A1 (retail), A2 (financial and professional), A3 (restaurant), B1 (offices), and D1 (clinics, health centre and day nursery) uses, without the need for a change of use.

Interested parties are advised to satisfy themselves with the London Borough of Havering planning authority that their use is acceptable under these new changes.

Lease Terms

The property is available on a new effectively full repairing and insuring lease for a term to be agreed.

Rent

£29,500 per annum. We are informed VAT is payable on the rent.