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Retail Units & Shops Essex Ilford Exchange Ilford

22, Lower Level, The Exchange, Ilford - Picture 2025-05-15-12-45-31

Let

Featured

22, Lower Level

The Exchange, Ilford, IG1 4FA

Size

Rent pa

£40,000

Market Sector

Shopping Centre

Location

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

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.

Accommodation

The unit provides the following approximate dimensions and gross internal floor areas:-

Areas	Sq.Ft	m²
Ground Floor GIA	1,312	121.89

Rent

Date	Rent
2025-01-01	£40,000

Rates

Year	Rateable Value	UBR p/£	Rates Payable
2025	£21,750		£11,876

Financial Details

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.

Downloads

Brochure

22, Lower Level, The Exchange, Brochure

Disclaimer

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.