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 is adjacent to GAILS bakery in a prime mixed use parade in the heart of South Woodford.

Accommodation
Available accommodation comprises of a ground floor lock up shop and rear yard together with a 3 bedroom split level maisonette above accessed from the rear service road. We understand that the maisonette is occupied under a periodic tenancy to include 1x car parking space at a monthly rental of £1,600 pcm.

The shop is in very good decorative order befefitting from a WC/kitchenette and A/C (not tested) and having the following approximate floor areas/dimensions:

Gross frontage - 17’6” (5.33m), shop depth - 46’ (14.02m), shop width - 16’9” (5.10m), sales area - 771 sq.ft. (71.70 sq.m.)
Rear yard capable of accommodating 2x vehicles

Split level maisonette

Terms

Tenure
Leasehold.

An assignment of the existing 15 year lease expiring 13 April 2028 subject to 5 yearly rent reviews the last one being 13 April 2025 at the current passing rental of £33,400 per annum exclusive is available. The lease is contracted inside of the 1954 L & T Act.

We understand a new lease may be available if required subject to covenant.

PREMIUM UPON APPLICATION.

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/council tax
To be confirmed.

Service charge and Building insurance
To be confirmed.

Legal costs
The Assignee to be responsible for both parties reasonable legal costs including Freeholders costs incurred in this transaction.

Agency fees
The Assignee will be responsible for Adam Stein & Co Ltd agency fees calcualated at the standard rate of 10% of one years average annual rental plus VAT.

Possession
Immediately upon completion of legal formalities.

EPC
To be advised.

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

Viewing
Strictly by prior arrangement via sole agents as above.