Century 21 East Ham are pleased to present to the market this ground floor commercial premise available for viewing immediately. The premise being offered on a lease assignment consists of a cash and carry (grocery/convenience store), additionally there is access to the front yard which is currently being used during trading hours to stock and store additional groceries to attract the attention of the passing public. The premise further boasts a large butchers area to the side and rear, which also has its own entrance. The shop further benefits from being fitted with CCTV. The property is located in a prime and prominent position on Plashet Road amongst a parade of local shops, situated in a much sought after location in a busy and popular business area, thus benefiting from its locality and ease of being within walking distance to Upton Park Tube Station, as well as being accessible by a number of bus routes. Tenure: Leasehold/Lease assignment: The lease being offered comprises of the ground floor commercial unit. Our client has advised us that the current rent is GBP22,100 per annum (GBP425 per week) and wishes to assign the lease which has 14 years remaining, with a rent review every 5 years. The business rates are approximately GBP6,700 per annum. Fixtures and Fittings are to be included in the premium price paid. The premium being requested is in the region of GBP50,000 to GBP60,000. Stock at Valuation. Legal Fees Each party are to bear their own legal costs. Business Rates Interested parties are advised to make their own enquiries with the London Borough of Newham, however we have been advised that the current rates are approximately GBP6700 per annum. Awaiting EPC