Shop to let in Chigwell

COMMON USE CLASS: A1 Shops

This property is marketed by:
Clarke Hillyer

Key Features

• Hardware business for sale
• Established in 1979
• New lease
• Includes rear garage
• Brook Parade location

** ESTABLISHED HARDWARE BUSINESS FOR SALE ** - Situated on Brook Parade, which is the main shopping area in Chigwell and comprises a variety of shops, offices and eateries. Chigwell Station is on the Central Line and provides a regular service into London Liverpool Street. Comprising an extended ground floor lock-up shop of approx 1,127 sq ft (104.7 sq m) which has traded as 'LJ Mead & Son' hardware shop since 1979. To the rear of the property is a lock-up garage. The business is available for sale, including fixtures, fittings, goodwill, and possibly stock, and more details are available upon request. The premises would be suitable for a variety of occupiers.

Location

Situated on Brook Parade, which is the main shopping area in Chigwell and comprises a variety of shops, offices and eateries. Chigwell Station is on the Central Line and provides a regular service into London Liverpool Street. The area is served by local buses and access to the motorway network is via Junction 5 of the M11 (Southbound only).

Description

Comprising an extended ground floor lock-up shop which has traded as 'LJ Mead & Son' hardware shop since 1979. To the rear of the property is a lock-up garage. The premises are more particularly described as follows:

Sales area: 1,127 (104.7 sq. m).

Lean-to: 57 sq. ft (5.3 sq. m).

W/c.

Garage.

All measurements quoted are approximate only.

Terms

The business is available for sale, including fixtures, fittings, goodwill, and possibly stock, and more details are available upon request. The buyer of the business would take a new full repairing and insuring lease, on terms to be agreed, at a rent of £33,000 per annum.

Business Rates

Epping Forest District Council have informed us of the following:

2017 Rateable Value: £24,250

2021-22 UBR: 0.499 P/£

2021-22 Rates Payable: £12,100.75

Interested parties are advised to ascertain current rate liability with the Local Authority.

Legal Costs

To be met by the ingoing tenant.

EPC

The premises have an Energy Performance Certificate rating of C.