Location
South Woodford is a popular suburb located some 8 miles north east of Central London. A406 North Circular Road which in turn provides access to M11, A12 and A10 is moments away as is South Woodford underground statation (Central Line Zone 4) offering quick and easy access to the City and West End providing the following journey times:

Liverpool Street – 19 minutes
Oxford Circus – 29 minutes

The subject property is located in a highly visible position overlooking the Cleveland Road junction within the commercial heart of South Woodford.

This is an extremely busy and vibrant location with nearby occupiers including Costa Coffee, M & S Simply Food, Sainsburys, Waitrose, Greggs, Boots, Odeon Cinema, Barclays bank and Stratstone Jaguar as well as a host of independent boutiques, coffee shops and restaurants.

Accommodation
Available accommodation comprises of a single fronted ground floor lock up shop and basement with electrically operated full height roller shutter most recently trading as a ladies fashion boutique.

The premises are currently configured as open plan accommodation with rear stores as well as a full size basement and a single WC.

The unit benefits from Air Conditioning (not tested) and overall is in good decorative order with the approximate floor areas: Ground floor - 550 sq.ft. (51.10 sq.m.), basement - 500 sq.ft. (46.45 sq.m.).

Floor areas provided by the Landlord therefore cannot be relied upon. Interested parties are encouraged to make their own enquiries in this regard.

Terms

Tenure
Leasehold. An assignment of the existing 5 year lease from 1 April 2019 at the current passing rental of £17,500 pa is available. Rent to be payable quarterly in advance.

We understand a new lease is available directly from the Freeholder if required subject to covenant.

Premium
PREMIUM UPON APPLICATION

Business rates
Payable by the Tenant. Interested parties are advised to make their own enquiries in this regard.

Service charge
To be confirmed.

EPC
An EPC will be available shortly.

Legal costs
Both parties reasonable legal costs are to be borne by the ingoing tenant.

Fees
The ingoing Tenant/Purchaser to be responsible for Adam Stein & Co Ltd’s fees in this matter.

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 and fittings in these particulars does not imply they are in full and efficient working order.

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

Viewing
Strictly by prior appointment.