Thinking of buying or selling call 020 8599 9911

   

SHOP FOR SALE

160 HERMON HILL, LONDON, E18 1QH

469 sq.ft ( 43.57 m2  )

Key Features

•  A3/A5 consent
•  Long unexpired term

Location

The property is situated within a local parade of retail shops towards the northern end of Hermon Hill (A113) which in turn leads to Charlie Brown's roundabout, whereby the A406 North Circular can be accessed from. South Woodford Station is located 0.3 miles from the demise providing direct links via the Central Line to London Liverpool Street and surrounds. On-street parking is available on nearby roads.

Accommodation

Ground floor restaurant/take-away unit with stores and an external yard providing rear access, WC and additional storage accommodation.
Sales Area359 sq.ft ( 33.35 m2  )
Rear Store39 sq.ft ( 3.62 m2  )
External Store71 sq.ft ( 6.60 m2  )
Total469 sq.ft ( 43.57 m2  )

Lease Terms

The property is let on a Full Repairing and Insuring Lease for a term of 20 years commencing May 2012 thus having an unexpired term of circa 12 years. We understand there to be rent reviews on a 5 yearly pattern and the current rent passing to £13,000.00 per annum exclusive.

We are advised that the upper parts comprise a 2 bedroom split level maisonette and we are currently awaiting confirmation of the unexpired term and the ground rent arrangement.

Price

Rates

Rateable Value£8,700
UBR 2019/202049.1p
Rates Payable£4,272
The Tenant here is responsible for Business Rates. Any further enquiries should be re-directed to The London Borough of Redbridge Council on 020 8708 4357.

Energy Performance Asset Rating

A+
A
B
C
D
E
F
130
This is how energy efficient
this building is
G

VAT

Value Added Tax is applicable in respect of this property. Further details are available on request.

Service Charge

A service charge may be applicable in respect of this property. Further details are available on request.

Legal Costs

Each party to bear their own legal costs.

Viewing

Strictly by prior appointment with joint sole letting agents Taylor Freeman Kataria and Brian Thomas.

Contact:

Rajiv Kataria

Rajiv@cliffords-estates.co.uk

OR

Amaal Khan

Amaal@brianthomas.co.uk

GET IN TOUCH

TFK 306, Green Lane, Ilford IG1
020 8599 9911

BUSINESS HOURS

MONDAY - FRIDAY 9:00 a.m. – 5:00 p.m.
SATURDAY & SUNDAY CLOSED

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