Lock-up shop with self-contained secure basement & parking for 4 cars.

To Let

28 High Road, South Woodford, E18.

Other Details

Accomodation

Comprising a lock-up shop with staff / storage to the rear & WC / kitchen facilities. The property additionally benefits from having a forecourt suitable for display purposes. There is rear parking for 4 vehicles & a self-contained dry, full height basement which is accessed from the car park. Approx floor areas & dimensions are as follows: Gross frontage 17’ 0’’ (5.18 m) Shop depth 35’ 9’’ (10.89 m) Shop width 16’ 3’’ (4.95m) Sales area 581sq ft (54.03m sq) Rear storage / staff area 103sq ft (9.59m sq) Basement storage 670sq ft (62.31m sq) Forecourt 230sq ft (21.39m sq)

Amenities

* Prominent main road frontage * Substantial full height basement storage * Short walk from South Woodford (Central Line) Station * Excellent retail shopping facilities close by * Good access to the local & national road network via (A406/A12/A13) & (M11/M25)

Lease

A new FRI Lease is to be made available for a term to be agreed subject to periodic upward only rent reviews.

Rent

£20,000pax paid monthly in advance by standing order. We understand VAT is not applicable.

Rates

RV £14,750 RP £7,360.25 Retail & Leisure premises - From 01/04/23 until 31/03/24 at the earliest, a tenant’s rates liability will be based on paying 25% of the annual rates payable (RP). Whilst this information is provided in good faith, prospective tenants are advised to make their own enquiries to establish whether they qualify for full or partial rate relief.

Legal Costs

The ingoing tenant is to be responsible for the Landlords legal costs. ADMINISTRATIVE FEE: Upon terms being agreed and prior to Solicitor’s being instructed, the prospective tenant or purchaser is to pay an administrative fee of £500 plus VAT to Bennett Phillips Luton. This fee will cover all associated administrative costs including any referencing fees incurred. In the event that the Landlord or Vendor withdraws from the transaction once solicitors are instructed, 50% of the fee will be refunded.

Possession

Upon completion of legalities & from 3rd June 2023.

Viewing

Strictly by appointment