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 area with nearby occupiers including Starbucks, Costa Coffee, M & S Simply Food, Sainsburys, Waitrose, Greggs, GAILS, Boots, Promoworx, Odeon Cinema and Barclays bank as well as a host of independent boutiques, coffee shops and restaurants.

The subject property forms part of a prime mixed use parade in the heart of South Woodford immediately opposite the entrance to South Woodford Underground station.

Accommodation
The available accommodation comprises of a ground commercial premises with Class E use.

The unit is essentially open plan although it has been divided into 2x half shops one being an aesthetics clinic with the other being a café/coffee shop.

The unit is in very good decorative order with the following areas/dimensions: Internal width - 17’2” ft (5.23m), shop depth - 23' (7.01m), ground floor sales - 433 sq.ft. (40.22 sq.m.), WC

Floor areas provided by third party

Terms

Tenure
Leasehold. The premises are available by way of an assignment of our clients 20 year lease (inside L & T Act) to expire 18 January 2029 subject to 5 yearly rent reviews at the current passing rental of £20,000 per annum exclusive.

We understand a new lease is 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
Interested parties are advised to make their own enquiries in this regard.

Possession
Immediately upon completion of legal formalities or sooner by arrangement.

Legal costs
Ingoing Tenant to be responsible for both parties reasonable legal costs incurred in this transaction.

Agency fees
The Assignee will be responsible for Adam Stein & Co Ltd, agency fee of £1,750 plus VAT.

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
124E

Viewing
Strictly by prior arrangement via sole agent Adam Stein & Co. Ltd