1 bedroom retail property (high street) for sale

Woodgrange Road, London, E7

1,100 sq. ft. | £175,000

Property Description

Commercial information

  • Business for sale
  • 1,100 sq ft (102 sq m)
  • Use class orders: A1 Shops and A2 Financial and Professional Services

Key features

  • Premium 175,000
  • Uses A1/A2 Retail & Financial/Professional services
  • Rental 25,000 per annum
  • New 15 Years Lease
  • Size Approximately 1200 sq ft
  • Opening Hours Monday - Sunday 6:00 a.m till 9:00 p.m
  • Family Run
  • 1 Bedroom Flat currently used as storage

Full description

Tenure: Leasehold

LOCATION: The premises are prominently located on popular and busy Woodgrange Road in Forest Gate and situated opposite Forest Gate Station and 3 minutes to Wanstead Overground Station. The currently trading as a newsagent/grocery very close to local amenities and other high street retailers.

DESCRIPTION: The shop floor & basement which is a one bedroom flat are 1100 sq ft approximately, electric shutters, fully alarmed, cctv, lottery & scratch cards, oyster, key cutting, parcel force small yard, off street parking.

USES: A1 & A2

PREMIUM: 175,000 Guide price for the benefit of the lease, fixtures, fittings and goodwill.

RENTAL: 25,000 per annum

TERMS: New 15 years with rent reviews every 3 years

BUSINESS RATES: Interested parties are encouraged to make their own enquiries with the Borough of Newham

SIZE: Approximately 1100 sq ft including basement

OPENING HOURS: Monday - Sunday 6:00 a.m till 9:00 p.m

STAFF: Family Run

BASEMENT: 1 Bedroom Flat currently used as storage

TURNOVER: Current turnover in excess of 260,000 per annum approximately

ACCOUNTS: Available on request

LEGAL COST: To be confirmed

LOCAL AUTHORITY: Newham

REFERENCE CHARGE: London Properties charges a fee of 200 plus VAT for taking up references for proposed tenants. This fee is non refundable after the references have been taken up, whether they are accepted or not by the Landlord

HOLDING DEPOSIT: A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account

FIXTURE & FITTINGS: Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition

AGENT NOTE: London Properties for themselves for Lessors, Vendors and their agents, give notice that:-

1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries

2. These details do not constitute any part of an offer or contract.

3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties.

4. All rent prices, fees and charges are quoted exclusive of VAT

VIEWINGS: Through London Properties by appointment only.

Nearest stations

  • Forest Gate (0.1 mi)
  • Wanstead Park (0.1 mi)
  • Woodgrange Park (0.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

London Properties, Middlesex

95 High Street, Wealdstone, Harrow, HA3 5DL

020 3858 2394 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Forest Gate (0.1 mi)
  • Wanstead Park (0.1 mi)
  • Woodgrange Park (0.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

London Properties, Middlesex

95 High Street, Wealdstone, Harrow, HA3 5DL

020 3858 2394 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference Woodgrange. 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 London Properties, Middlesex. 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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