186 High Road, Woodford Green IG8 9EF
186 High Road, Woodford Green IG8 9EF
Property Features
- Prominent High Road position
- Close to Tesco Metro
- Large residential duplex apartment and separate studio included
- Fitted as a unisex hair salon
- 2x car parking spaces
- Immediately available
Property Summary
Full Details
Location
The building is located in a well known secondary mixed use parade on the High Road Woodford Green close to the St Albans Road junction and opposite Tesco Metro. This location benefits from an extremely high volume of vehicular traffic passing throughout the day.
South Woodford Underground Station (Central Line Zone 4) is within walking distance providing the following approximate journey times:
South Woodford to Liverpool Street – 19 minutes
South Woodford to Oxford Circus – 29 minutes
Additionally, the High Road is served by the following bus routes:
179 – Chingford to Ilford
W13 – Leytonstone to Woodford Green
N55 – Woodford Green to Oxford Circus
*Information provided by TfL
Accommodation
Available accommodation comprises of a ground floor lock up shop together with a large duplex apartment and a studio flat to the rear.
We understand the shop has been trading as ‘Hair 186’ unisex hair salon for approximately 20 years.
The duplex is divided into 4x large rooms, 2 bathrooms and a kitchen. To the rear of the building is a small yard capable of accommodating two vehicles.
We are advised that the duplex and studio are sublet by way of AST agreements and producing £1,850 pcm and £600 pcm respectively.
The building is in very good overall condition with the ground floor shop having an approximate floor area of 376 sq.ft. (34.93 sq.m.).
Floor areas taken from VOA website therefore their accuracy cannot be guaranteed. Interested parties will need to satisfy themselves in this regard.
Terms
Tenure
Leasehold. The premises are available by way of an assignment of our clients 15 year lease to expire 22 January 2028 without further review. The lease is contracted inside 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.
Rental
£34,500 per annum exclusive. PREMIUM UPON APPLICATION.
Business rates
Interested parties are advised to make their own enquiries in this regard.
Service charge and Buildings insurance
To be confirmed.
EPC
EPC's will be available shortly.
Legal costs
Both parties reasonable legal costs including the Freeholders costs are to be borne by the ingoing Tenant.
Possession
Immediately upon completion of legal formalities.
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 any 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 appointment via sole agents.