3/3a And 5/5a Mulberry Way, South Woodford, London, E18 1EB
£413.98 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
1,087 sq ft
101 sq m
- SECTOR
High street retail property for sale
Key features
- Attractive Freehold Investment in South Woodford, London Borough of Redbridge
- Asset Management Opportunities to enhance rent income and rear development opportunity subject to usual consents
- Minutes from South Woodford Underground Station (Central Line) and close to all local shops and restaurants
Description
The subject property comprises of a double retail unit on the ground floor with access from the rear to two self-contained maisonettes on the 1st and 2nd floors above. The property forms part of a local parade close to South Woodford Town Centre and surrounded in a densely populated residential housing neighbourhood. The self-contained maisonettes are accessed via a locked gate, of which the entrance falls onto Station Passage, leading to a footpath through the rear yard with separate access to each maisonette. To the rear of the premises there is a rear yard enclosing further outbuildings.
Viewings
Strictly by appointment through Dobbin and Sullivan or our joint sole Agent Adam Stein & Co.
Location
The property is situated on the south side of Mulberry Way, (B168) close to its junction with the viaduct heading northwards to Southwood Woodford Town Centre. South Woodford is an affluent suburb of East London located within the London Borough of Redbridge and is only 8.9 miles north-east of Charing Cross. The subject units are located close to the Southern end of George Lane shops and restaurants which connect to the North end of George Lane shops and restaurants via a foot tunnel for pedestrians and a viaduct for vehicles traffic. The area remains a desirable “hot spot” for sought after residential housing in addition to popular bars and restaurants, including several High Street multiples such as M&S, Sainsbury’s and Waitrose closeby.
South Woodford Underground Station provides easy access to the City and West End ( a mere 18 and 27 minutes to Liverpool Street and Oxford Circus respectively on the Central Line.
Legal Costs
Each party to bear their own legal costs incurred in this transaction, subject to the prospective purchaser solicitors undertaking to pay the landlord's abortive costs if the prospective purchaser withdraw from the transaction.
Tenure
Freehold subject to the existing tenancies.
EPC
Energy Rating E
Current Rent Reserved
An income of £24,000pax from the ground floor shop.
2 flats at a peppercorn rent under a existing long leasehold agreement.
Brochures
3/3a And 5/5a Mulberry Way, South Woodford, London, E18 1EB
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- South Woodford Station0.1 miles
- Snaresbrook Station0.8 miles
- Woodford Station1.1 miles
About Dobbin & Sullivan, London
415 High Street, London, E15 4QZ
Dobbin & Sullivan provide a personalised service where clients select the correct level of input for their particular requirement. Our expertise and experience enable us to provide a comprehensive and diverse range of commercial property solutions dynamically and effectively.Our core principle that each instruction retains its level of importance and our ability to remain focused upon our clients’ aim has provided growth through recommendation and reputation.
Notes
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