12-14 St. James Street, Walthamstow, London, E17 7PF LOCATION:
The property is situated fronting St.James Street (A1006) at the junction of Leucha Road within 50 metres of St.James Street British Rail mainline station. St.James Street joins directly up to High Street Walthamstow with its many multiples and market. The current trading position are Oxfam and Costcutter. St.James Street joins up to Markhouse Road and Lea Bridge Rd in one direction as well as Blackhorse Road and Forest Road in the alternate direction.
DESCRIPTION:
The property comprises of a ground floor lock up shop which has been extended to the rear on the ground floor of this new residential development. The front retail unit is approximately 1,006 sqft (93.46 sqm) with the rear retail unit of approximately 1,650 sqft (153.33sqm) making a combined total of approx 2,656 sqft (246.75 sqm). The front unit has been trading as a Cash Converters for many years and would be suitable for a variety of A1 Retail Uses. The front unit can be let on its own or with the additional rear retail space. Alternatively the property can be sold Freehold to include the ground rents for the upper parts. The property is offered in a shell and core condition, although the current owner may be able to provide more of a finish if required and agreed.
N.B.
AMENITIES:
It is the responsibility of any interested party to fully clarify exact floor areas, the premises existing planning use and whether their proposed use requires a change in planning permission.
GROUND FLOOR LOCK UP SHOP WHICH HAS BEEN EXTENDED TO THE REAR ON THE GROUND FLOOR
FRONT RETAIL UNIT IS APPROX 1,006 SQFT (93.46 SQM) REAR RETAIL UNIT APPROXIMATELY 1,650 SQFT (153.33 SQM) SUITABLE FOR A VARIETY OF A1 RETAIL USES SHELL & CORE CONDITION
TERMS:
The property is offered To Let upon new full repairing and insuring lease, the terms of which are to be agreed.
PRICE:
£650,000 On a long leasehold basis. Freehold may be available for an additional price.
RENT: RATES PAYABLE:
£35,000 Front retail only
£14,666.75 p.a.
EPC RATING:
LEGAL COSTS:
To be paid by the ingoing tenant
V.A.T.
All rents, prices and premiums are exclusive of VAT under the Finance Act 1989. We would advise all interested parties to consult their professional advisors as to their liabilities if any, in this direction.
VIEWING:
Strictly by appointment
LAND COMMERCIAL SURVEYORS LTD 020 8498 8080
IT IS THE RESPONSIBILITY OF ANY INTERESTED PARTY TO FULLY CLARIFY FLOOR AREAS, PLANNING USE AND WHETHER THEIR PROPOSED USE IS SUITABLE. THESE MARKETING DETAILS ARE FOR INDICATION PURPOSES ONLY AND COMPLETED BASED UPON THE INFORMATION GIVEN AND ISN’T ALWAYS CORRECT. NO EQUIPMENT OR UTILITIES HAVE BEEN TESTED BY US AND SHOULD BE CHECKED BY THE INTERESTED PARTY PRIOR TO COMPLETION. ALL FEATURES LISTED AT THE TIME OF MARKETING ARE SUBJECT TO CHANGE AND DO NOT FORM PART OF THE CONTRACT.