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 Safestore 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. Comprising shop front premises with Class E use laid-out to provide a sales area within which a partition has been created to provide a private room. To the rear there are WC and Kitchen facilities. Externally there is a shared yard which in common with your other tenant’s, provides pedestrian only access leading onto a service road. Approximate areas and dimensions are as follows: Shop Depth: 41' 6" (12.64m) Shop Width: 14' 9" (4.49m) Sales Area: 616 sq ft (57.28 sq m) Kitchen: 51 sq ft (4.74 sq m) Other Details Accommodation LOCK UP SHOP - TO LET ANNUAL LICENCE OR 3 YEAR LEASE AVAILABLE Lease 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. Rates Rateable Value 2018/2019: £8100 Rates payale 2019/2020: £4,041.90 Retail & Leisure premises - no rates are payable until 31/3/22 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. Possession Immediate upon completion of legal formalities