728-730 CHIGWELL ROAD, WOODFORD GREEN, ESSEX

Investments/Development Opportunities, Woodford Green,IG8,A2 , Sold

Commercial information:

2025 sq ft ( 188.1225 sq m)

Price : £375,000.00

Key features

Size: 2025Sq ft | Property Type: Investments/Development Opportunities
Tenure: Freehold | Area: Woodford Green | Postcode: IG8

Location

The property occupies a prominent frontage at the junction with Manor Road & Chigwell Road on the border of Chigwell & within a short walk of the principal shopping parade which serves Woodford Bridge. Occupiers close by & adjacent include Jaipur, Bridge Pharmacy & Co-Op.

Contact Details

Bennett Phillips Luton

199a High Road
Loughton
Essex
IG10 4LF


Tel : 020 8501 3000
Phone : 020 8501 3000
Fax : 020 8500 5008

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 ��£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.

Other Details


Accomodation

728-730 Chigwell Road, Woodford Green, IG8 - Fully Let & Well Secured (A2) Office Investment With Potentail Short to Mid Term Development Potential

Rates

To be confirmed

Legal Costs

Each party are to be responsible for their own legal fees borne in this transaction.

Possession

Immediately upon completion of legal formalities

Viewing

Strictly by prior appointment through agents Bennett Phillips Luton


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