LOCATION DETAILS: The property is situated on High Road Goodmayes within approximately 50 yards of junction of Barley Lane and Goodmayes Road. Occupiers are mainly of a localised nature however Tesco, Ladbrokes and Self Store are represented close by. Goodmayes Main Line Station is within a few minutes walk from the property with the new Cross Rail link accessible from Winter 2020. ACCOMMODATION: Comprising shop front premises laid out in clear space with external WC and pedestrianised access for deliveries via a serviced road. APPROXIMATE NET INTERNAL FLOOR AREAS ARE AS FOLLOWS: Gross Frontage: 14 ft 3 ins (4.34m) Shop Depth: 41 ft 3 ins (12.57m) Shop Width: 13 ft 3 ins (4.03m) Sales Area: 547 sq ft (50.87m2) Occupational Term: The property is to be made available by way of an Annual Licence Agreement. Alternatively a new FRI Lease can be made available for a term of 3 years, granted outside the provisions of the Landlord & Tenant Act & subject to a Landlord option to Break at the end of the 2nd year subject to serving 6 months prior written Notice. RENT: £12,500 pax paid quarterly in advance. BUSINESS RATES: Rateable Value 2018/2019: £7,300 Rates payale 2019/2020: £3,642.70 No rates are payable until 31/3/21 at the earliest regardless of the RV. If occupying a single property only, with an RV up to £12,000 the Rates exemption is extended until 31/3/22 at the earliest. LEGAL COSTS Both parties reasonable legal costs incurred in this transaction are to be borne by the ingoing Tenant.