186 High Road, Woodford Green IG8 9EF

£34,500 pa
376 Sq Ft

186 High Road, Woodford Green IG8 9EF

£34,500 pa
376 Sq Ft
  • Ref: IG89EF186
  • Type: Retail
  • Availability: To Let

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
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  • Property Summary

    PREMIUM REDUCED!!!! - ground floor shop in busy location together with very large income producing duplex apartment and studio flat to let. Available by way of lease assignment

    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.