5 Cherrydown Avenue, South Chingford E4 8DP
5 Cherrydown Avenue, South Chingford E4 8DP
Property Summary
Full Details
Location
South Chingford lies between Highams Park in the east, the River Lea/Edmonton to the west and Walthamstow to the south.
The subject property is located close to the junction with Albert Crescent in turn overlooking the Chingford Mount Road/Old Church Road (A112)/Hall Lane/New Road (A1009) junction forming part of the main commercial district within South Chingford.
Local occupiers include Tesco Express, British Heart Foundation and Wenzels the Bakers as well as many local independent boutiques, coffee shops and restaurants.
Communications are good with A406 North Circular Road being 1.2 miles away.
The area is served by the following bus routes:
97 - Chingford Station to Stratford City Bus Station
158 - Chingford Mount to Stratford Bus Station
385 - Chingford Station to Salisbury Hall Sainsburys
397 – Salisbury Hall Sainsburys to The Broadway Debden
444 - Turnpike Lane Bus Station to Chingford Station
W16 - Chingford Mount to Leytonstone Station
N26 - Victoria Station to Chingford Station
* Information provided by TfL
Accommodation
The building forms part of a good secondary mixed use parade. Available accommodation comprises of a ground floor commercial unit most recently trading as a pound shop/convenience store.
The suite is essentially open plan with rear stores, WC, kitchenette and rear parking for 1 vehicle.
The unit is in good overall decorative order benefitting from an electric roller shutter and suspended ceiling with an approximate Floor area (GIA) of 745 sq.ft. (69.21 sq.m.)*.
* Floor area taken from VO website and cannot be guaranteed
Terms
Tenure
Leasehold. An assignment of our clients 20 year lease from 29 September 2020 at the current passing rental of £14,000 per annum is available.
The lease is contracted inside of the 1954 L & T Act.
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.
Possession
Immediately upon completion of legal formalities.
Legal costs
The Assignee 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
To be provided.
Viewing
Strictly by prior appointment via this office.