REX PARADE, SNAKES LANE EAST, WOODFORD GREEN IG8

£14,500 pa
613 Sq Ft

REX PARADE, SNAKES LANE EAST, WOODFORD GREEN IG8

£14,500 pa
613 Sq Ft
  • Ref: IG87HU88
  • Type: Offices, Other, Retail
  • Availability: Let

Property Features

  • Close to Woodford central line underground station
  • A1 retail use
  • Window frontage
  • Air conditioning (not tested)
  • Intruder alarm and CCTV with multiple cameras
  • Laminate flooring
  • Central heating (not tested)
  • Kitchenette
  • Bathroom with shower
  • Rear access
  • Immediately available
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  • Property Summary

    A charming ground floor shop with window frontage close to Woodford Tube station. Low outgoings.

    Full Details

    Location
    The building is situated on the North side of this busy local thoroughfare forming part of a parade of shops serving a densely populated residential area.

    The property is within easy walking distance of Woodford (Central Line) underground station providing fast and direct access to the City and West End.

    Accommodation
    The available accommodation comprises of a self contained ground floor lock up shop. The premises are essentially open plan although have been the subject of considerable recent expenditure to provide a reception, two private partitioned rooms, kitchenette/staff area and a bathroom including a shower cubicle.

    The unit is in superb decorative order.

    Terms

    Tenure
    Leasehold. An assignment of our clients 10 year lease to expire 23 December 2026 at the current passing rental of £14,500 per annum exclusive payable quarterly in advance on the usual quarterdays.

    Business rates
    £3,573.85 for the current year. We understand that Small Business Rates Relief (SBRR) may apply enabling the Tenant to benefit from up to 100% relief on business rates subject to status. Interested parties are encouraged to make their own enquiries in this regard.

    EPC
    An EPC will be available shortly.

    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.

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

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