George Lane, South Woodford

A well established A1 retail shop comprising large Retail area with additional store room, staff room along with separate store room to the rear. Currently Running as a gift and homework shop.
ACCOMMODATION:The following are approximate Gross Internal Areas in accordance to PMA 1991
Shop Floor - 441 sq ftOffice/Store/Staff Room - 145 sq ftSeparate Rear Store Room - 192 sq ftTOTAL GIA 778 sq ft
TERMS:Assignment of Existing Lease.3 Years Remaining On Renewable Lease from February 2020£25,000 Premium To Include Fixtures Good Will And Stock (At Market Valuation)Turnover £1,500 per week
RENT:£14,000 (plus VAT) Per Annum*£25,000 Premium Sought To Include Fix, Fits Goodwill And Stock.
RATES:According to The Valuation Office website the current rateable value is £16,500.
LEGAL COSTS:Ingoing tenant to pay all legal costs.
* - There has been a rent review and the new rent will increase to £16,000 (plus VAT) PA