Ground floor lock up shop to let with self contained residential accommodation above

POA
662 Sq Ft

Ground floor lock up shop to let with self contained residential accommodation above

POA
662 Sq Ft
  • Ref: E47BE12
  • Type: Retail
  • Availability: To Let

Property Features

  • Prominent position on Station Road
  • Self contained 2x bedroom split level accommodation above
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  • Property Summary

    A self contained A1 retail unit in the middle of Station Road with residential accommodation above.

    Full Details

    Location
    The building is located in a prominent position on the north side of a busy thoroughfare in a sought after location amongst many popular shops and restaurants. Nearby occupiers include Café Nero, Co-operative Foods, Boots the Chemist, Prezzo and Tesco Express as well as a number of banks and building societies.

    Chingford Mainline Station providing quick and easy access to Liverpool Street is within very easy walking distance.

    Accommodation
    The available accommodation comprises of a ground floor lock up shop with rear stores/staff room and rear yard/garden accessed from Willow Street. The upper floors comprise a self contained split level 2 x bedroom maisonette currently let on a room by room basis. The shop is in very good decorative order.

    Terms
    An assignment of our client 10 year lease to expire August 2019 without further review at the current passing rental of £27,750 per annum exclusive. We understand that the lease is contracted inside of the security of tenure and compensation provisions of the 1954 L & T Act.

    The maisonette is let on a room by room basis at a monthly rental of £1,200 per calendar month. We understand that vacant possession could be granted upon completion if required.

    A new lease may be available directly from the Freeholder on terms to be agreed if required.