24 Broadway, Rainham, London Borough of Havering – Ground Floor Retail
Property Features
- Ground floor shop premises
- Located on Broadway in Rainham town centre
- Located close to Tesco Extra supermarket
- Would suit a variety of retail uses
- Small business rate relief should apply
Property Summary
Full Details
Description
The property comprises a ground floor shop premises. The internal accommodation includes a front sales area with rear store room and kitchen/WC facilities. Externally to the rear is a garden/rear yard space.
Location
The property is located on Broadway in Rainham, Essex. The property is approximately 3.8 miles from Hornchurch town centre and 2.4 miles from Elm Park.
The Broadway parade includes a variety of local traders including professional firms, a hair salon, and takeaway uses. Tesco Extra supermarket is located less than 0.25 miles away. The property is located close to bus routes providing services to Hornchurch, Romford, Upminster, Barking, etc. Rainham overground train station is located approximately 0.2 miles from the property.
Rating Assessment
From the information obtained from the Valuation Office Agency website the demise is rated as follows:-
Address: 24 Broadway, Rainham, Essex, RM13 9YW
Description: Shop and premises
Rateable Value: £6,200
Small Business Rates relief should be available to applicable parties, although we would advise prospective parties to verify the matter with the local rating office.
Lease Terms
The property is offered on new lease for a minimum term of three years at a rent of £12,750 pa. The landlord will consider a period of rent free for a suitable tenant.
Rent Deposit
The landlord will seek a minimum 3 month rent deposit to be held over the term of the lease.