Investments/Development Opportunities, Woodford Green,IG8,A2 , Sold
2025 sq ft ( 188.1225 sq m)
Size: 2025Sq ft | Property Type: Investments/Development Opportunities Tenure: Freehold | Area: Woodford Green | Postcode: IG8
Bennett Phillips Luton
199a High Road
Comprising shop front premises with the benefit of (A2)use laid out to provide a sales area with ancillary rear office / storage & 1st floor offices totalling approx 2,025 sq ft. In addition there is basement storage (not measured) & a self contained yard of approx 400 sq ft. The entire premises are currently Let to Woolwich Property Services (now Haart Estate Agents Limited) for a term expiring in October 2014 at a passing rent of ï¿½ï¿½£25,000pax. Dependant whether the tenant renews (although possibly inmaterial if a deal can be done to 'take back'the upper parts)it's considered that at the end of the term & (STP)there would be the possibility of creating a self-contained first floor suite of offices which would enhance the potential income. In addition at the end of the term in October 2014 there would appear to be grounds to submit a substantial dilaps claim based on the existing condition of the premises.
728-730 Chigwell Road, Woodford Green, IG8 - Fully Let & Well Secured (A2) Office Investment With Potentail Short to Mid Term Development Potential
To be confirmed
Each party are to be responsible for their own legal fees borne in this transaction.
Immediately upon completion of legal formalities
Strictly by prior appointment through agents Bennett Phillips Luton