110-112 George Lane, South Woodford E18 1AE

£70,000 pa
2,452 Sq Ft

110-112 George Lane, South Woodford E18 1AE

£70,000 pa
2,452 Sq Ft
  • Ref: E181AE110-112
  • Type: Offices, Other, Retail
  • Availability: To Let

Property Features

  • Prime ground floor unit in the heart of South Woodford
  • Prominent and imposing corner building
  • Disabled access
  • Ample car parking
  • Immediately available
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  • Property Summary

    A highly prominent corner ground floor commercial unit with basement in George Lane suitable for a variety of uses s.t.p

    Full Details

    Location
    South Woodford is a popular suburb located approximately 8 miles north-east of Central London close to the junction of the M11 and the A406 North Circular Road. George Lane forms the main commercial thoroughfare with the subject property located at on the George Lane/Marlborough Road junction moments from South Woodford Underground Station (Central Line Zone 4) offering the following approximate journey times:

    South Woodford to Liverpool Street – 19 minutes
    South Woodford to Oxford Circus – 29 minutes

    Additionally, George Lane is served by bus routes: 179 (Chingford to Ilford), W12 (Walthamstow to Wanstead), W13 (Leytonstone to Woodford Green), W14 (Clayhall to Leyton Mills) and N55 (Woodford Green to Oxford Circus)

    *Information provided by TfL

    This is an extremely busy and vibrant location with nearby occupiers including Starbucks, KFC, Costa Coffee, M & S Simply Food, Sainsburys, Waitrose, Greggs, Boots and Odeon Cinema as well as a host of banks, building societies, independent boutiques, coffee shops, cafes and restaurants.

    Accommodation
    The available accommodation comprises of a Grade II listed former banking hall over ground and basement floors. Ground floor is essentially open plan with the basement divided into a series of rooms.

    There are 6 demised car parking spaces in a private car park at the rear of the building and the unit is DDA compliant with a seperate disabled access from Marlborough Road.

    The unit will require modernisation.

    Approximate floor areas as follows: Ground floor sales - 1,595 sq.ft. (148.18 sq.m.), ground floor ancillary - 320 sq.ft.(29.73 sq.m.), basement ancillary - 537 sq.ft. (49.89 sq.m.)

    * Floor areas provided by Landlord.

    User
    The premise currently benefit within Class E use. It should be noted that restaurant use will not be permitted.

    Terms

    Tenure
    Leasehold. The premises are available by way of a new lease directly from the Freeholder for a term to be agreed subject to period rent reviews where necessary.

    Rent
    Upon application. The building is not elected for VAT.

    All rents, prices and premiums are exclusive of VAT under The Finance Act 1989. Accordingly, interested parties are advised to consult their professional advisers as to their liabilities, if any, in this direction.

    Business rates
    Rateable value £65,000. Business rates payable £30,111.35 for the current year. Interested parties are advised to make their own enquiries to LBoRedbridge in this regard.

    Legal costs
    The ingoing Tenant to be responsible for both parties reasonable legal costs incurred in this transaction.

    Service charge and Building insurance
    To be confirmed.

    EPC
    To be provided.

    Possession
    Immediately upon completion of legal formalities or sooner by arrangement.

    Consumer Protection & Money Laundering Regulations
    It is recommended that applicants seek independent professional advice before entering into a contract on this property. It is required to gain proof of identity from companies and individuals before accepting an offer for the property.

    Services/Utilities
    Reference to all/any services, utilities or Fixtures & Fittings in these particulars does not imply they are in full and efficient working order.

    Viewing
    Strictly by prior arrangement via Freeholders sole agent as above.