LOT 1

141 Hoe Street, Walthamstow, London, E17 3AL

FREEHOLD COMMERCIAL INVESTMENT

Result: Sold for £775,000 Guide price: £580,000 PLUS*

Auction Date

Thursday, 16th December 2021 12:00pm

IN SAME FAMILY OWNERSHIP FOR OVER 60 YEARS

A three storey property comprising a ground floor shop with separate front access to offices above. Located in Walthamstow town centre opposite the junction with the High Street and close to a modern development which includes an Empire Cinema, Nando's and Five Guys. The "17&Central" shopping centre and street market are nearby and Walthamstow Central station is within a short walking distance.

Accommodation

Ground Floor Shop: 526 sq ft (48.9 sq m)
First Floor Offices: 428 sq ft (39.8 sq m)
Second Floor Offices: 423 sq ft (39.3 sq m)

Tenancy Details

The entire property is let on a repairing and insuring lease to Churchills International Limited for 15 years from 01.10.2018 at £35,000 p.a. Rent reviews 2023 & 2028.

EQUIVALENT TO £35,000 p.a.

EPC Rating

Ground Floor = C
First & Second Floors = D

Note

Auction Surveyor: Robert Woolfe
Contact: 020 8509 4408 robert.woolfe@strettons.co.uk

Status

Sold for £775,000

* 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.