Chigwell Road, Woodford Green, Essex, IG8
£779.13 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
738-1,645 sq ft
69-153 sq m
- SECTOR
High street retail property for sale
- USE CLASSUse class orders: A1 Shops, B1 Business and C3 Dwelling Houses
A1, B1, C3
Key features
- Mixed Use Investment for Sale
- VAT Free
- Good Yield
- Parking at front for 2 cars
- Self Contained 2 Bed flat above with rear access
- Property not opted for tax
Description
The Property comprises a ground floor dry cleaning shop with a self-contained flat on the first and second floors, with rear access. There is parking at the front of the shop which can accommodate two cars.
Shop - The vendor will top up the rent from £19,500 per annum to £21,000 per annum up to 28 September 2030, so the buyer will receive a rent of £21,000 per annum from the shop from completion.
Flat - We believe the flat is underlet and a rent of £1,700 per calendar month is achievable, i.e. £20,400 per annum.
Subject to the above being achieved, this would show a combined income of £41,400 per annum.
The property is not opted for tax.
Energy Performance Certificates
EPC 1Chigwell Road, Woodford Green, Essex, IG8
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Woodford Station0.7 miles
- Roding Valley Station0.9 miles
- Chigwell Station1.3 miles
Notes
Disclaimer - Property reference 632ChigwellRd. 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 Murray Commercial Limited, Walthamstow. 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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