The Village Arcade, 49A Station Road, Chingford, London, E4 7DA
- 18Days
- 0Hours
- 52Mins
- 28Secs
Property Description
A single storey warehouse reached via a front passageway from Station Road where there are a number of multiple retailers including Costa, Amazon Fresh, Caffe Nero and Tesco Express. The Chingford Methodist Church is adjacent. Chingford overground station is within about ⅓ mile.
Tenancy Schedule
| Property | Accommodation | Tenant/Trade | Term | Rent p.a. |
|---|---|---|---|---|
| Unit 1 | 104 sq ft (9.6 sq m) | Vacant | ||
| Units 2 & 3 | 208 sq ft (19.3 sq m) | Hairdresser | 12 months from 01.04.2025 | £8,400 p.a. |
| Unit 4 | 250 sq ft (23.2 sq m) | Ladieswear | 12 months from 01.04.2025 | £7,680 p.a. |
| Unit 5 | 250 sq ft (23.2 sq m) | Photographic Studio | 12 months from 01.04.2025 | £6,360 p.a. |
| Unit 6 | 184 sq ft (17 sq m) | Vacant | ||
| Units 7 & 8 | 399 sq ft (37.1 sq m) | Dog Grooming | 12 months from 01.04.2025 | £8,760 p.a. |
| Units 9 & 10 | 364 sq ft (33.8 sq m) | Ladies Beauty | 12 months from 01.04.2025 | £9,000 p.a. |
| Unit 11 | 161 sq ft (14.9 sq m) | Treatment Rooms | 12 months from 01.04.2025 | £7,200 p.a. |
| Unit 12 | 164 sq ft (15.2 sq m) | IT Studio | 12 months from 01.04.2025 | £6,480 p.a. |
| Unit 13 | 137 sq ft (12.7 sq m) | Cakes | Holding Over | £7,200 p.a. |
| Unit 14 | 150 sq ft (13.9 sq m) | Vacant | ||
| Unit 15 | 150 sq ft (13.9 sq m) | Vacant |
(measurements from floor plan)
GIA: 4,328 sq ft (402 sq m)
PRODUCING £61,080 p.a. PLUS 4 VACANT UNITS
1. There may be potential for alternative uses such as a gym, office, showroom, storage facility and soft play (subject to possession and obtaining necessary consents).
2. In respect of each tenancy, the provisions of Sections 24-28 of the L&T Act 1954 (security of tenure) are excluded.
Auction Surveyor: Robert Woolfe
Contact: 020 8509 4408 robert.woolfe@strettons.co.uk
Joint Auctioneer:
* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.
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The Village Arcade, 49A Station Road, Chingford, London, E4 7DA
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