Hall Lane, Chingford, E4
- PROPERTY TYPE
Commercial Property
- SIZE
12,400 sq ft
1,152 sq m
Key features
- Freehold for Sale
- Prime location in Chingford's High street
- Fantastic Investment opportunity
Description
We have been advised by the Current Freeholders that the ground floor Commercial Lock-up shop is currently leased to a Hair & beauty business on a 20-year lease that began in 2015. ( 11 Years Remaining)
Rent
Annual rent is currently at £16,537.50 per annum.
Rental increase to the sum of £18,191.25 from 3/7/2025 to the remainder of the term.
First Floor
The First Floor self-contained 3-bedroom Flat is achieving £50 per annum ground rent, It was sold on a residential lease of 125 years in 2011 with a current remaining Residential lease of 114 Years. Please note, this will turn into an investment when the leaseholders need to renew the lease. Currently, you also have the option to purchase the residential leasehold at £315,000.
Location
This investment property is situated on an established parade of shops in the heart of Chingford's busy high street, Chingford mount On Chingford Mount are several multiple retailers including Greggs, Tesco Express and Sainsbury. There are also a number of banks, restaurants, and shops such as Costa Coffee, subways and KFC. Chingford mounts transport links provides a regular service into Central London and Pay and Display parking is available on the street. Access to the motorway network is via the A406 to the M11 and M25 is just a short drive away.
**Viewing of this premises is strictly by appointment only, For more information or if you would like to book a viewing, lease contact our sales Department**
Disclaimer
Declaration: We endeavour to make our marketing particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. All measurements have been taken as a guide to prospective applicants only and are not precise.
A.M.L. Regulations: In accordance with legal requirements, we are obligated to perform Anti-Money Laundering (AML) checks for all parties involved in property transactions. Our partners, Movebutler will conduct the initial AML checks on our behalf. Once your offer has been deemed acceptable, Movebutler will reach out to you to initiate the necessary checks.To cover the costs associated with data collection, manual verification, and ongoing monitoring, a non-refundable fee of £20 (inclusive of VAT) per buyer is applicable. This fee should be paid directly to Movebutler. It is essential to complete all AML checks before your offer can be formally accepted.
Energy Performance Certificates
EPC 1Hall Lane, Chingford, E4
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Highams Park Station1.0 miles
- Meridian Water Station1.5 miles
- Chingford Station1.6 miles
About the agent
Right Step Property Experts, London
1B Hall Lane, Chingford, London, E4 8HH
Here at Right Step Property Experts we like to do things differently and our track record proves that different works. We take time to understand your needs and provide a bespoke service helping you meet your goals. You are not just a target to be met but a real person / family with aspirations and over the past decade we have been helping thousands of people sell, invest, buy and rent properties in the Chingford, Woodford, Walthamstow and surrounding areas.
Our journey began back in 20
Industry affiliations
Notes
Disclaimer - Property reference RX363063. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Right Step Property Experts, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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