4 Properties Found

Commericial Sales

High Road, Woodford Green

Situated on High Road (A104), Woodford Green, opposite the green and duck pond, where there are a number of shops and offices as well as many cafes/restaurants. There is pay and display parking on the street and the area is served by local buses. The A104 leads to the North Circular Road (A406) which provides access to the M25, M11, A12 and A13. Woodford Underground Station is approximately 0.6 miles from the premises and this provides regular access to Central London via the Central Line.

Comprising a character 3 storey period property which was renovated in 2016. On the ground floor is a retail unit which trades as a beauty salon. The first and second floors each comprise a 1 x bedroom flat and these were converted last year.

The freehold is available, subject to the existing tenancies, for offers in excess of £875,000. The shop is let on a 3 year full repairing and insuring lease, outside of the Landlord & Tenant Act 1954, from 2016, while the flats are currently let on 12 month assured shorthold tenancies. The total current income for the property is £44,200 per annum. Full lease details are available upon request.

Redbridge Council have informed us of the following;
Ground Floor Shop: 2017 Rateable Value:
£11,750, 2017/18 UBR: 0.466 P/£, 2017/18 Rates Payable: £5,475.55.
1st Floor Flat: The flat is within Council Tax Band 'B'.
2nd Floor Flat: The flat is within Council Tax Band 'B'.
All interested parties are advised to verify these figures with the Local Authority.

Each party to meet their own.

The shop has an Energy Performance Certificate rating of E. The 1st floor flat has an EPC rating of E while the 2nd floor flat has an EPC rating of D.