The former ‘Salway Cookhouse’ 172 High Road, Woodford Green IG8 9EF

POA
760 Sq Ft

The former ‘Salway Cookhouse’ 172 High Road, Woodford Green IG8 9EF

POA
760 Sq Ft
  • Ref: IG8 9EF
  • Type: Other, Retail
  • Availability: For Sale
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  • Property Summary

    A fully licensed and fitted leasehold restaurant premises for sale on a leasehold basis in the heart of Woodford Green, IG8

    Full Details

    Location
    The building is located in a well known secondary mixed use parade on the High Road Woodford Green close to the St Albans Road junction and opposite Tesco Metro. This location benefits from an extremely high volume of vehicular traffic passing throughout the day.

    South Woodford Underground Station (Central Line Zone 4) is within walking distance providing the following approximate journey times:

    South Woodford to Liverpool Street – 19 minutes
    South Woodford to Oxford Circus – 29 minutes

    Additionally, the High Road is served by the following bus routes:

    179 – Chingford to Ilford
    W13 – Leytonstone to Woodford Green
    N55 – Woodford Green to Oxford Circus

    *Information provided by TfL

    Accommodation
    Available accommodation comprises of a fully fitted restaurant premises arranged over ground and basement floors previously trading as ‘The Salway Cookhouse”.

    The premises are fitted to an extremely high standard with an approximate floor area of 536 sq.ft. (49.80 sq.m) suitable for up 35 covers plus up to an additional 8 covers on the forecourt. The basement is 224 sq.ft. (20.8 sq.m.) and is internally accessed and suitable for storage.

    To the rear of the property is a car park capable of accommodating 2 vehicles.

    Floor areas taken from VOA website therefore their accuracy cannot be guaranteed. Interested parties will need to satisfy themselves in this regard.

    Terms

    Tenure
    Leasehold. The premises are available by way of an assignment of the current lease to expire 23 June 2039 inside the L & T Act subject to rent reviews every 3.5 years at the current passing rental of £10,000 pax.

    Premium
    Premium offers are being sought for the benefit of the lease and fixtures & fittings.

    Full details available 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.

    Service charge & Building insurance
    To be confirmed.

    EPC
    An EPC will be available shortly.

    Legal costs
    Both parties reasonable legal costs are to be borne by the ingoing Tenant/Purchaser.

    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 any 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.

    Fees
    The ingoing Tenant/Purchaser to be responsible for Adam Stein & Co. Ltd’s fees in this matter.

    Viewing
    Strictly by prior appointment only through this office.