5 Cherrydown Avenue, South Chingford E4 8DP

£14,000 pa
745 Sq Ft

5 Cherrydown Avenue, South Chingford E4 8DP

£14,000 pa
745 Sq Ft
  • Ref: E48DP5
  • Type: Offices, Retail
  • Availability: To Let
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  • Property Summary

    Ground floor lock up shop/office in the heart of South Chingford

    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.