Devon House, 3-5a Hermon Hill, Wanstead E11 2AW

£40,000 pa
1,249 Sq Ft

Devon House, 3-5a Hermon Hill, Wanstead E11 2AW

£40,000 pa
1,249 Sq Ft
  • Ref: E112AW3-5a
  • Type: Offices, Other, Retail
  • Availability: Let

Property Features

  • Superb position just off of Wanstead High Street
  • Very close to Snaresbrook underground station
  • Almost 70' sweeping frontage
  • Forecourt parking for 5x vehicles
  • Immediately available
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  • Property Summary

    A unique opportunity to occupy one of Wanstead's most charming buildings

    Full Details

    Location
    The subject property is prominently located on the Hermon Hill/Wellesley Road junction immediately adjacent to Wanstead town centre.

    The town is served by Snaresbrook tube station (400m) and Wanstead tube station (700m) at either end of the high street offering quick and easy access to the City and west end.

    Notable occupiers on the high street include Gails Bakery, M & S Simply Food, The Cuckfield Public House, Papa Johns pizza, Greggs, Costa Coffee and The Ginger Pig as well as a host of independent boutiques, coffee shops and restaurants.

    Local bus routes serving the area include: W12 (Wanstead to Walthamstow), W13 (Leytonstone to Woodford), W14 (Woodford Bridge to Leyton), 66 (Romford to Leytonstone), N55 (Woodford to Oxford Circus night service).

    Accommodation
    Available accommodation comprises of a ground floor commercial unit in a prominent corner position with almost 70ft sweeping window frontage. The unit was previously fitted out as an air conditioned (not tested) bathroom showroom although the premises are suitable for a variety of uses subject to planning where necessary.

    We understand that the property benefits from a gas supply as well as all usual utility connections.

    There is a large forecourt for staff/customer parking capable of accommodating up to 5 vehicles, on street parking within moments of the property as well as council owned parking within close proximity.

    The accommodation has been measured in accordance with RICS Valuation Standards as follows: Ground floor inc. small office - 1,249 sq.ft. (116.03 sq.m.), front forecourt - 1,279 sq.ft. (118.82 sq.m.).

    Floor areas provided by Landlord. Interested parties are advised to satisfy themselves in this regard.

    Floor plan not to be relied upon for any scale.

    Terms

    Tenure
    Leasehold. The premises are available to let by way of a new effective FR&I lease directly from the Freeholder on terms to be agreed. The new lease will be subject to rent reviews where necessary.

    Rent
    £40,000 pax. Rent to be paid quarterly in advance.

    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
    We understand business rates are £9,119 payable for the current year. Interested parties are advised to make their own enquiries to LBoRedbridge in this regard.

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

    Use
    We understand the lawful use is Class E as defined by the Use Classes Order (As amended) meaning the premises may be used for most commercial operations.

    Alternative uses outside of Class E may be considered by the Freeholder.

    Service charge and Building insurance
    To be confirmed.

    EPC
    An EPC will be available shortly.

    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 F & F in these particulars does not imply they are in full and efficient working order.

    Viewing
    Strictly by prior arrangement via Freeholders joint sole agents Land Commercial - 020 8498 8080 REF: Adam Diament or ourselves.