High Road, Woodford Green, Essex, IG8
- SIZE AVAILABLE
802 sq ft
75 sq m
- SECTOR
1 bedroom mixed use property for sale
Key features
- Woodford Green freehold investment
Description
Approximate floor areas and dimensions as follows:
Internal width - 15'3" narrowing to 11'3"
Shop depth - 31'1"
Ground floor shop - 446 sq.ft. (41.43 sq.m.)
Lower ground floor (front) - 356 sq.ft. (33.07 sq.m.)
Total - 802 sq.ft. (74.51 sq.m.)
L/G floor (rear) 1x bedroom flat - 455 sq.ft. (42.27 sq.m.)
Entire ground and lower ground floor (front) are let to a sole trader trading as 'Barking Beautiful' dog groomers and spa for a term of 5 years from 2 January 2022 at a rental of £14,400 pa exclusive. We are advised that the Tenant will enter into a longer lease of the ground and lower ground floors if required.
We understand that the upper floors are sold off on a 99 year lease from 1st November 1988 (c62 years unexpired) at a ground rent of £100 per annum.
The premises are to be sold Freehold subject to the aforementioned tenancies and vacant possession of the basement flat.
We are advised that the Estimated Rental Value (ERV) of the lower ground floor flat is in the order of £1,200 pcm.
Offers in excess of £390,000 are being sought.
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.
EPC to be advised.
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/or individuals before accepting an offer for any property.
Reference to all/any services, utilities or fixtures & fittings in these particulars does not imply they are in full and efficient working order.
Both parties reasonable legal costs are to be borne by the Purchaser.
Viewing strictly by arrangement via vendors sole agents:
Brochures
High Road, Woodford Green, Essex, IG8
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- South Woodford Station0.7 miles
- Woodford Station0.8 miles
- Highams Park Station1.0 miles
Notes
Disclaimer - Property reference IG89HH218. 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 Adam Stein & Co. Ltd, Loughton. 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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