Location
South Woodford is a popular suburb located some 8 miles north east of Central London. A406 North Circular Road providing easy access to M11, A12 and A10 is close by whilst South Woodford underground station (Central Line Zone 4) offering quick and easy access to the City and West End is moments away.

Approximate journey times from South Woodford station as follows:

Liverpool Street – 19 minutes
Oxford Circus - 29 minutes
Epping – 17 minutes

Information provided by TfL

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

The subject property forms part of a prime mixed use parade in the heart of South Woodford.

Accommodation
The available accommodation comprises of a ground floor lock up shop and ancillary stores, forecourt, rear yard leading on to a car park capable of accommodating up to 4 vehicles (accessed via Sainsburys) and a self contained duplex apartment.

The duplex apartment is accessed at the rear and is currently let to Messrs T J Jahan and I M Mohammed by way of an Assured Shorthold Tenancy (AST) agreement for a term to expire 5 March 2024 at a monthly rental of £1,500 pcm.

The ground floor unit is in good overall decorative condition and benefits from A/C (not tested), laminate flooring, WC and kitchenette and has the following approximate floor areas: Ground floor sales - 332 sq.ft. (30.84 sq.m.), stores - 88 sq.ft. (8.18 sq.m.), Total - 420 sq.ft. (39.02 sq.m.).

NB. In the interests of good estate management the following uses will not be considered: Barbershop, daytime café, desert parlour, Tattoo studio, music tuition centre, fish & chip shop, bakery.

Terms

Tenure
Leasehold. A new overriding lease of the entire is available directly from the Freeholder subject to periodic rent reviews where necessary at a commencing rental of £33,000 pax.

The new lease will be contracted inside of the security of tenure of the 1954 L & T Act.

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.

Council tax/Business rates
Interested parties are advised to make their own enquiries in this regard.

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

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

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.

EPC
64C

Viewing
Strictly by prior arrangement via sole agents.