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Property Listing Details

Retail premises for sale

Highview Parade, Woodford Avenue, Redbridge, Redbridge, Essex IG4

  • Under offer
  • Investment

£295,000

(£244.81/sq. ft)

Property details

  • Floor area 1,205 sq. ft

Features

  • Ground floor Shop/Showroom comprising 1,205 sqft (111.94 sqm)
  • Rear ancillary area of 140 sqft (13.01 sqm)
  • Freehold retail investment for a 15 year full repairing and insuring lease expiring February 2027

Listing view statistics

Last 30 days: 152 page views

Since listed: 1187 page views

Description

The property comprises of a freehold retail investment with the shop let on a 15 year full repairing and insuring lease, beginning February 2012, expiring February 2027.

The rent was recently reviewed to £22,500 p.a.x. However, the existing tenant was given a personal concession reducing the rent to £17,000 p.a.x. Currently and rising to £18,000 p.a.x. On 17th February 2020 until the next rent review in February 2022. (Please note the personal concession rent is for the existing tenant only and is not assignable). The Shop/Showroom comprises of 1,205 sqft (111.94 sqm) plus rear ancillary area of 140 sqft (13.01 sqm).

Map & Nearby

Local Amenities

  • Gants Hill 0.5 miles
  • Redbridge 0.6 miles
  • Beehive Preparatory School 0 miles
  • Redbridge Primary School 0.3 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Gants Hill 0.5 miles
  • Redbridge 0.6 miles
  • Beehive Preparatory School 0 miles
  • Redbridge Primary School 0.3 miles
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Property descriptions and related information displayed on this page are marketing materials provided by Land Commercial Surveyors. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Land Commercial Surveyors for full details and further information.