Lease to Assign
PRIME LOCK UP SHOP & BASEMENT
Available
George Lane, South Woodford E18
(Reference No. 022754)
GROUND FLOOR APPROX 361.47 SQ FT (33.58 SQ M)
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Location:
Situated on the main commercial thoroughfare within George Lane. Nearby occupiers include M & S Food Hall, Boots the Chemist and Greggs, as well as a number of banks and building societies.

Description:
The available accommodation comprises a lock up shop with rear stores together with large basement (unmeasured). The unit is currently fitted and trading as a jeweller.

Areas:
Ground floor sales - 275.14 sq ft (25.56 sq m)
Ground floor stores - 86.33 sq ft (8.02 sq m)
Basement (unmeasured)

Lease:
An assignment of our clients 15 year Lease which we understand commenced in September 2006, subject to 5 yearly rent reviews at a current passing rental of £8,500 pa.

Terms:
A premium of £55,000 is sought for the benefit of the Lease, goodwill, fixtures, fittings and equipment.


Rates:
London Borough of Redbridge. Rates Payable apppox £3,200 pa. Interested parties should make their own enquiries via the Local Authority or Valuation Office www.voa.gov.uk. Claridges cannot guarantee any figures.

Viewing:
By appointment only via Claridges Commercial - 0845 205 0007

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Claridges Commercial
Tel: 0845 205 0007  
Email:
contact@claridges-commercial.co.uk