Call the team on 020 7625 9007 for more information
A Well Located Commercial Investment Producing £27,000 per annum
The property comprises a double fronted lock up shop situated within a terraced building arranged over ground and three upper floors.
Tenure
Long Leasehold. The property is held on a 999 year lease.
Location
The property is situated on a busy parade in Walthamstow amongst the local shops and amenities of High Street. Nearby multiples include Lidl, Superdrug, Greggs and Costa Coffee. Transport links are provided by Walthamstow Central underground station (Victoria Line) and St James Street overground station.
Accommodation
Ground Floor Sales Area 201.75 sq m (2,172 sq ft) Office 9.3 sq m (100 sq ft) Male & Female WCs 4.53 sq m (49 sq ft) Staff Kitchen 2 sq m (22 sq ft) Rear Covered Store Area 18.6 sq m (200 sq ft) Approx GIA: 2,543 sq ft
Tenancy
The property is let on an FRI Lease for a term of 20 years commencing 1st February 2001 at a rent of £27,000 per annum.
Current Rent Reserved
Current Rent Reserved £27,000 per annum
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.