Dog & Duck, 222 Chingford Road, London, E17 5AL

Description
The property comprises the ground, basement and first floor of a two storey end of terrace building with brick elevations beneath a pitched and hipped roof.

Location
Located in Walthamstow in the London Borough of Waltham Forest, 4.5 miles (7.2 kilometres) north of Stratford and 7.8 miles (12.6 kilometres) north-east of central London.

The Dog & Duck is situated fronting Chingford Road in a mixed residential and commercial area a short distance south from Walthamstow town centre where operators include The Bell, The Stag, Five Guys and Turtle Bay, alongside attractions including Walthamstow Market and Lloyd Park.

Accommodation
Basement: The basement provides cellar and stores.

Ground Floor: The ground floor provides an open plan trading area with central bar servery and seating on loose tables, chairs and bench seating for 128 customers. Ancillary areas include a prep kitchen, trade kitchen, customer WC's, office and stores to the rear.

First Floor: The first floor comprises five double bedrooms, kitchen and two bathrooms.

External: There is a customer area to the rear with mini golf, four wooden huts with seating for 32 customers along with benches, sofas and chairs for a further 66 customers. Additional seating is provided to the front elevation for a further 58 customers. There is parking to the front for 2 vehicles.

Tenure
The property is held freehold (Title Number NGL148614).

Tenancy
The entire property is let to a private individual on a 20 year lease from 18 March 2024 at a current rent of £119,140 per annum which is subject to five yearly open market reviews and annual RPI increases with a collar of 2% and cap of 5% (except in the open market review year). A rent deposit of £30,363 is held by the landlord.

Planning
The property is not listed or situated within a conservation area.

VAT
It is envisaged that the property will be sold as a TOGC so the transaction should therefore be exempt from VAT on the basis the purchasing entity is VAT registered.

EPC
C-59

Terms
We are instructed to invite offers in excess of £1,600,000 (7.02% NIY) assuming the usual purchasers costs.

Fixtures and Fittings
The fixtures and fittings are currently owned by the occupational tenant.

Money Laundering
Money Laundering Regulations require Savills to conduct checks upon all prospective purchasers. Prospective purchasers will need to provide proof of identity and residence.

Similar Investment Opportunities
If you have an ongoing requirement for similar investment opportunities then please visit the following website for a selection of properties we are currently marketing:

Viewings
All viewings must be made by prior appointment and under no circumstances should any direct approach be made to any of the occupational tenants staff.

For further information and all viewing requests please contact the sole selling agents Savills.