Withdrawn

Property available on: 21/03/2017

• Cheap Rent £9,000 per annum
• Zero Business Rates
• Busy Location
• High Footfall
• College Nearby
• Cash Machine
• New Lease
• Close to Walthamstow Central

We are proud to present this A1 Commercial unit with a new lease being offered with the term to be negotiated, this business is currently trading as a phone repair shop/Wester Union Money Transfer.

This shop is located in the heart of Walthamstow situated in the popular area of Hoe Street. Hoe Street offers a vast amount of footfall and busy traffic driving past the property throughout the day and night. Bus routes opposite the property do not impair the visibility of the property however boost the advantages of customers visiting the shop. Hoe Street consists of several retail premises ranging from restaurants, banks and salons. The property is located close to Monoux Sixth Form College and Several Primary and Secondary Schools.

This A1 property offers 460.sq. ft. of space, also consisting of a rear access point through the garden. The Landlord would like to offer a new lease with the term to be negotiated by the incoming tenant. The property has a cash machine which generates a figure of £450 per month however this is subject to usage. This business is currently generating £1,400 per month from Money Gram and Western Union. The property has an extremely cheap rental price of £9,000 per annum and the seller is seeking premium of £38,000. We have been advised by the seller there is ZERO business rates payable for this property.

ACCOMMODATION:

Ground Floor:

Shop front: 14.37 ft.

Shop floor: 23.96 ft. × 14.37 ft.

Garden: 20.47 ft. × 5.11 ft.

Toilet: 3.45 ft. × 3.23 ft.

TOTAL: 460.04 sq. ft.

TENURE:
Lease assignment - The landlord is offering a New Lease to potential tenants.

PREMIUM:
Our Client seeks £38,000 for goodwill and fixtures and fittings.

RENT:
£9,000 per annum

RATES:
The seller has informed us there are ZERO rates Payable for this property.

LEGAL FEE'S:
The incoming tenant is to bear their legal cost and the legal cost of the landlord.