444 FOREST ROAD, WALTHAMSTOW E17 4PY

£33,700 pa
548 Sq Ft

444 FOREST ROAD, WALTHAMSTOW E17 4PY

£33,700 pa
548 Sq Ft
  • Ref: E174PY444
  • Type: Retail
  • Availability: To Let

Property Features

  • Fully fitted A5 takeaway unit
  • Residential accommodation above
  • Recent fitout
  • Ready for immediate occupation
  • Make Enquiry
  • Property Summary

    BACK ON THE MARKET DUE TO UNFORESEEN ABORTIVE NEGOTIATIONS AT A REDUCED PRICE- a fully fitted and trading A5 takeaway unit with 2x bedroom accommodation above superbly located in Walthamstow immediately opposite William Morris Gallery

    Full Details

    Location
    The property is located on the south side of A503 Forest Road immediately opposite the William Morris Gallery between the junctions of Ruby Road and Gaywood Road.

    The area has been transformed over recent years and benefits from a fantastic mix of independent and established business’s as well as an array of eateries.

    Walthamstow Central (London overground and Victoria Line) is the nearest station whilst the following bus routes pass the building:

    123 – Lordship Lane to Ilford town centre
    N73 – Oxford Circus to Walthamstow bus station

    * Transport Information provided by TfL

    Accommodation
    Available accommodation comprises of a fully fitted ground floor takeaway benefiting from A5 use currently trading as ‘Patbunz” primarily specialing in Burgers and deserts.

    First floor comprises of a self contained and refurbished 2x bedroom apartment with its own front door currently sub-let (with Freeholders consent) by way of a 12 month AST to February 2022 at £1,475 pcm.

    The ground floor premises are fitted to very a good standard with the ground floor having an approximate floor area of 548 sq.ft. (50.86 sq.m).

    Floor areas taken from VOA website therefore their accuracy cannot be guaranteed. Interested parties will need to satisfy themselves in this regard.

    Further information on the current business offering can be found at www.patbunz.com

    An inventory of stock, equipment and F & F is available on request.

    Terms

    Tenure
    Leasehold. The premises are available by way of an assignment of our clients 15 year lease of the entire from 18 May 2021 subject to rent reviews on every 5th anniversary at the current passing rental of £33,700 pax.

    The lease is contracted inside of the 1954 Landlord & Tenant Act.

    Premium
    Premium offers are being sought for the benefit of the lease and fixtures & fittings. Interested parties please note the trading name and any rights to the same is not included within the sale.
    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
    Payable by the Tenant.

    Service charge & Buildings insurance
    To be confirmed.

    EPC
    EPC rating D77

    Legal costs
    Both parties reasonable legal costs are to be borne by the ingoing Tenant/Purchaser.

    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 only through this office.