Shop to rentVictoria Road, London, E18
395 sq. ft.
- 395 sq ft (36 sq m)
The building occupies a truly unique position on the Victoria Road/Woodville Road junction close to the southern end of George Lane.
South Woodford (Central Line) Underground station providing fast and easy access to the City and West End is within very easy walking distance.
The available accommodation comprises of a ground floor shop benefitting from two frontages with rear offices, stores & yard currently trading as an upholsterers. Entire first floor comprises a 1x bedroom flat in reasonable condition but requiring some modernisation.
The premises are immediately available and have the approximate floor areas/dimensions as follows:
Dimensions: Victoria Road frontage - 12`10" (3.91m), Woodville Road frontage - 16` (4.88m), shop sales depth - 21`6" (6.55m).
Floor areas: Ground floor sales - 290 sq.ft. (26.94 sq.m.), ancillary - 105 sq.ft. (9.75 sq.m.), Yard.
Total ground floor area: 395 sq.ft. (36.69 sq.m.)
NB. Floor areas taken from the VOA website and cannot therefore be guaranteed.
The premises are available by way of an assignment of our client's 12 year lease of the entire building from November 2008 without further review at the current passing rental of £13,500 per annum exclusive rising to £15,000 on November 2016. We understand that the lease is contracted inside of the security of tenure and compensations of the 1954 L & T Act.
Premium 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 regard.
We are verbally advised that the business rates payable for the current year are £2,178 with 100% exemption under Small Business Rates Relief (SBRR) where applicable. Interested parties are encouraged to make their own enquiries to LBoRedbridge 020 8478 3020 in this regard.
The ingoing tenant will be responsible for both parties reasonable legal costs incurred in this transaction.
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