Location
The building is located at the end of a secondary retail parade adjacent at the Chigwell Road/Gainsborough Road junction. Local occupiers include Coop supermarket, Costa Coffee, Menzies Prince Regent hotel as well as a number of local independent retailers. The property is equidistant between Woodford (1.5 miles) and Chigwell (1.4 miles) Central Line Underground Stations.

This is a very well established parade with heavy vehicular traffic passing directly past the building throughout the day.

Accommodation
Available accommodation comprises a ground floor corner retail unit currently occupied by Hopskotch Childrens Trust charity. The unit is in reasonable decorative order but may require some modernisation.

Shop comprises of a sale area of 428 sq.ft. (54.25 sq.m.), ancillary stores of 156 sq.ft. (14.49 sq.m.) plus WC and private forecourt.

Tenure
Leasehold (Virtual Freehold)

Lease
An assignment of our clients long leasehold interest for a term of 999 years from 21 October 2011 is available.

The premises are to be sold with vacant possession upon completion.

NB.
Hopskotch Childrens Trust initially took occupation of the premises by way of a new 10 year lease in March 2009 outside of the 1954 L & T Act. It remains in occupation and the Trustees have expressed an interest to remain in the premises on a new 10 year lease at a rental of £17,000 pax.

VAT
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 regard.

Legal costs
Each party to bear their own legal costs incurred in this transaction.

Consumer Protection Regulations
It is recommended that applicants seek independent professional advice before entering into a contract on this property.

Money Laundering Regulations
It is required to gain proof of identity from companies and individuals before accepting an offer for any property.