Location
South Woodford is a popular suburb located approximately 8 miles north-east of Central London close to the junction of the M11 and the A406 North Circular Road. George Lane forms the main commercial thoroughfare with the subject property located at on the George Lane/Marlborough Road junction moments from South Woodford Underground Station (Central Line Zone 4) offering the following approximate journey times:

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

Additionally, George Lane is served by bus routes: 179 (Chingford to Ilford), W12 (Walthamstow to Wanstead), W13 (Leytonstone to Woodford Green), W14 (Clayhall to Leyton Mills) and N55 (Woodford Green to Oxford Circus)

*Information provided by TfL

This is an extremely busy and vibrant location with nearby occupiers including Starbucks, KFC, Costa Coffee, M & S Simply Food, Sainsburys, Waitrose, Greggs, Boots, Travis Perkins and Odeon Cinema as well as a host of banks, building societies, independent boutiques, coffee shops, cafes and restaurants.

Accommodation
The available accommodation comprises of a small ground floor commercial unit currently trading as ‘Cucina Bettina’ daytime café. The premises benefit from c20 covers plus forecourt offering up to an additional 12 covers. We understand that a café/coffee shop has been in occupation for over 20 years.

The premises are in very good condition with an approximate floor area of 200 sq.ft. (18.58 sq.m.).

* Floor areas taken from VO website and will be subject to verification.

Current trading hours are 10am-6pm Monday to Saturday.

We feel this is an excellent opportunity with significant to improve.

NB
An inventory of stock, equipment and fixtures & fittings will be available in due course.

Terms

Tenure
Leasehold. The unit is available by way of an assingment of the current 5 year lease from 9 December 2022 at the current passing rental of £18,000 per annum exclusive payable quarterly in advance.

A new lease directly from the Freeholder may be available subject to covenant etc.

PREMIUM UPON APPLICATION

We understand that the building is elected for 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 direction.

Business rates
Payable by the Tenant. Interested parties are advised to make their own enquiries in this regard.

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

Service charge
To be confirmed.

Building insurance
To be confirmed.

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

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

EPC
EPC to follow.

Viewing
Strictly by prior arrangement via sole agents as above.