244-246 Chingford Mount Road, London, E4 8JL
- SIZE AVAILABLE
4,100 sq ft
381 sq m
- SECTOR
High street retail property for sale
- USE CLASSUse class orders: A1 Shops
A1
Key features
- Attractive long income opportunity to December 2036
- Asset Management Opportunity including rent review in December 2026
- Highly prominent location in the busy arterial road of Chingford Mount Road
- Supermarket Store fitted out to high standard
Description
The property comprises of a modern fitted out ground floor supermarket with access to the front as well as delivery access from Normanshire Drive. The unit benefits from both retail frontages to both highways.
Location
The premises are situated on the east side of Chingford Mount Road (A112) with its junction to Normanshire Drive. The (A112) runs in a southerly direction connecting with the orbital A406 and in a northerly direction intersects with the A1009 and leads to the M25. The surrounding area is mixed use with housing and flats including the A112 populated with local high street shops, banks and restaurants. Higham's Park Railway Station is 1.4 miles to the south east with regular services to London Liverpool Street.
Viewings
Strictly by appointment only with Landlords sole agents
Tenure
A new 999-year lease subject to peppercorn rent with a 20 year sublease let as follows: Tenant: Abdullah Dari. FRI lease from Dec 2016, 5 yearly reviews, 20 year term inside LTA 1954 Rent: £70,000 pax. Class E Use. Deposit: £17,449
Legal Costs
Each party to bear their own legal costs incurred in this transaction.
Brochures
244-246 Chingford Mount Road, London, E4 8JL
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Highams Park Station0.9 miles
- Meridian Water Station1.5 miles
- Chingford Station1.6 miles
Notes
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