314 Hoe Street, Walthamstow, London, E17 9PX
Property Description
Comprising a ground floor shop with separate front access and rear access (via an enclosed rear yard) to a self-contained maisonette on 3 upper floors. Located close to Walthamstow town centre and almost opposite the junction with Second Avenue. The "17&Central" shopping centre and street market are nearby and Walthamstow Central station (Victoria line and overground) is within a short walking distance.
Ground Floor Shop: 594 sq ft (55.1 sq m) plus external store & toilet
First, Second & Third Floor Maisonette: 5 rooms, kitchen, shower room/WC, toilet
The entire property is let on a repairing and insuring lease to I Sethi & A Chaudhary (trading as an Indian ladieswear shop) for 15 years from 09.02.2022 at a current rent of £24,500 p.a. rising to £26,000 p.a. in 2027 and £28,500 p.a. in 2029. Rent review 2032.
PRODUCING £24,500 P.A. RISING TO £26,000 P.A. IN 2027 AND £28,500 P.A. IN 2029
1. The tenant advises they have traded from the property since 1992.
Auction Surveyor: Robert Woolfe
Contact: 020 8509 4408 robert.woolfe@strettons.co.uk
* 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 #16] Note that in addition to the purchase price there is a buyer’s administration fee [section #11] and there may be additional non-optional fixed or variable fees and costs [section #12]. 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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