Deli/Patisserie in Woodford Green IG8 for sale

POA
1,135 Sq Ft

Deli/Patisserie in Woodford Green IG8 for sale

POA
1,135 Sq Ft
  • Ref: IG80XG425
  • Type: Retail
  • Availability: Let

Property Features

  • Impressive location with heavy vehicular traffic passing throughout the day
  • Fully fitted with all Fixtures & Fittings
  • Ready for immediate occupation
  • Good trading position
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  • Property Summary

    A unique opportunity to lease a fully fitted and trading corner deli/patisserie in a lovely Essex location

    Full Details

    Location
    Woodford Green is an attractive north east London suburb approximately 7 miles from the City of London and 8 miles from the West End. The area is bounded by Chingford and Higham’s Park to the west, Buckhurst Hill and Loughton to the north, Chigwell to the east and South Woodford to the south. Transport links are superb as the High Road (A104) links north London to Epping whilst the M11 and M25 are also accessible.

    Woodford Green is a rural suburb with the London Borough of Redbridge. The immediate area benefits from a wealth of parks and green open spaces as well as benefitting from a host of independent retailers and a booming café society. The building is located in a prominent corner location at the High Road (A104)/Mill Lane junction with heavy passing vehicular traffic throughout the day and well into the evening.

    Accommodation
    Available accommodation comprises of a ground floor corner lock up shop trading as ‘Deli on the Green’. Front of house comprises of a full deli counter and serving area as well as customer seating whilst to the rear is further seating in a charming period environment as well a prep area, customer toilets and a small administration office.

    The unit is first class condition having been subject to considerable recent expenditure.

    (floor areas provided by the Lessor. Interested parties are advised to satisfy themselves in this regard).

    The premises are to be offered with all current fixtures and fittings enabling an ingoing tenant to commence trade immediately. An inventory is available upon request.

    We further understand that a self-contained 3/4 bedroom flat may also be available to rent if required.

    Terms

    Tenure
    Leasehold. A new lease is available for a term to expire no later than 24 March 2032 and subject to periodic rent reviews where necessary. The lease will be contracted outside the 1954 Landlord & Tenant Act.

    Rent
    Upon application. Rent to be paid quarterly in advance by standing order only on the usual quarter days.

    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.

    Premium
    To be advised.

    Business Rates
    To be advised. Interested parties are advised to make their own enquiries to LBoRedbridge in this regard.

    Planning
    Premises currently benefit from A1 (retail) use. As we understand that the premises used to be a bakery is may be possible to obtain A3 (catering) use although conditional offers on this basis will not be considered. In accordance with good estate management the Freeholder will not consider any uses that conflict with other occupiers within this parade.

    Legal Costs
    The ingoing tenant will be responsible for both parties reasonable legal costs incurred in this transaction.

    Possession
    Immediately upon completion of legal formalities.

    EPC
    EPC rating E104.

    Consumer Protection and 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.