Withdrawn
Property available on: 13/03/2017
- Busy High Street
- Large Space over 1000 Sq. Ft
- Large Kitchen
- A3 Bakery Usage
- Glass Fronted
We are proud to present this spacious A3 Commercial Lease Assignment of 9 years to the market. Situated in the heart of Walthamstow more specifically Hoe Street.
This property is in a prime location as it is on a busy junction of Hoe Street, at the point where Boundary Road meets Hoe Street. The unit is serviced by many bus routes into the city and further out to East London with Walthamstow Central over ground with connections to the Victoria line, a short minute walk away also just 5minutes down the street is the Walthamstow Queens Road over ground station. The busy high street of hoe street consists of heavy foot fall as there is a range of shops from Restaurants to bars to local supermarkets. located within a short walk away from the supermarket Tesco's giving you vast number of customers. The current bakery shop is placed in a corner this is a good position as you have both side of the shops for potential customer to view, giving you that advantage.
This is an amazing opportunity to invest in an extremely lucrative business, as this commercial lease is offered for a rent of £16,200 and the owner is asking a premium of £90,000, this bakery shop is quite a large property with the total Sq. Ft. totalling 1,002.22 sq.ft. (approx.) the shop consist of a kitchen with approximately 282.95 sq. ft. and the bathroom of 48.55 sq. ft. it also has a separate space of 120.12 ft.
Accommodation:
Shop Front - 14.02
Shop Floor - 14.02 ft. × 38.70 ft.
Bathroom - 3.18 ft. × 15.27 ft.
Kitchen - 18.53 ft. × 15.27 ft.
Separate Space - 11.55ft. × 10.40
TOTAL - 1,002.22 (approx.)
Tenure:
This is a Commercial Open Lease Assignment with 9 Years remaining.
Premium:
The seller is seeking a premium of £90,000 for this property.
Rent:
£16,200 per annum
Rates:
Interested parties are encouraged to verify this with the local council (Walthamstow Council).
Legal Fees:
The incoming tenant is to bear their own legal costs as well as the landlords, the seller will bare their own legal costs.
