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22, Lower Level The Exchange, Ilford, IG1 4FA
Use Class
E
Rent pa
£40,000
Description
The Exchange is located in the heart of the town centre, opposite Ilford train station which is served by Crossrail. The scheme currently boasts an average weekly footfall of 203,157. The scheme has three trading levels with 77 units providing 300,000 sq ft of lettable space and a multi-storey car park with over 1,000 spaces. The scheme is anchored by Next, H&M, Sports Direct, TK Maxx and NHS Medical Centre. The unit is located on the ground floor of the centre, it is adjacent to Kid Zone.
Key Information
Further Infomation
Terms & Conditions
Lunson Mitchenall are obliged to verify the identity of proposed tenants once a letting has been agreed. An AML form will need to be completed by proposed tenants once Heads of Terms have been agreed.
Accommodation
The unit provides the following approximate dimensions and gross internal floor areas:-
Financial
Lease Type
New Lease
Lease Term
The unit is available by way of a new 10 year lease subject to an upward only rent review at the end of the 5th year.
Rent
£40,000 per annum exclusive.
Costs
Each party is to be responsible for their own legal costs.
Service Charge
The estimated annual service charge is £20,210.
Terms & Conditions
Lunson Mitchenall are obliged to verify the identity of proposed tenants once a letting has been agreed. An AML form will need to be completed by proposed tenants once Heads of Terms have been agreed.
Vat
References to price, premium or rent are deemed to be exclusive of value added tax unless expressly stated otherwise and any offer received will be deemed to be exclusive of VAT.
Business Rates
Rates Payable 2025/26: £11,876 Rateable Value: £21,750 Interested parties are advised to make their own enquiries with the Local Authority.
Rates
Sustainability
A certificate is available on request.
This unit is part of The Exchange
The Exchange
Anchor tenants at The Exchange are - M&S, Next, TK Maxx, H&M and Wilko Other retailers include The Entertainer, Costa, WHSmith, Pure Gym, Sports Direct & Ryman
Misrepresentation Notice
All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.
All data ©2025 Completely Property Technology Limited
This was last updated on 15/05/2025