57 Woodgrange Road, London, E7 0EL

  • Retail
  • 611 sq ft
  • To Let
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NEW INSTRUCTION
Property Type Retail
Availability To Let
Size 611 sq ft
Rent £15,750 per annum exclusive
Business Rates £7,610 per annum (based on rateable value of £15,500). We believe that this proerty will benefit from relief but we advise on contacting the local authority for further clarification
Energy Performance Rating This property has been graded as D (77)

An assignment of an existing lease for a shop in a popular local retail parade

Key Features

  • BUSY TRADING LOCATION WITH NATIONAL MULTIPLE RETAILERS LOCATED NEARBY
  • SUITABLE FOR A1 OR A2 USES
  • CLOSE TO FOREST GATE STATION WITH GOOD LINKS INTO THE CITY OF LONDON

Location

The property is situated in a busy parade on Woodgrange Road, one of East London’s premier retail streets. Nearby occupiers include Hallmark, The Co-Op, Percy Ingle and many others. There is also a good selection of successful and vibrant local retailers in the area.

Access to the location is good, with pay & display parking nearby. Forest Gate Station is within 200 metres of the property and links into the TFL Rail lines into Liverpool Street along with many bus routes servicing Woodgrange Road and the nearby Romford Road.

Available area

DescriptionSize
Ground floor area 611 sq ft

Lease

An assignment of an existing lease terminating on 24th June 2026 with rent reviews due in June 2022 and June 2025. Excluded from the landlord and Tenant Act 1954. Either party can choose to terminate the agreement with 9 months prior written notice.

Premium

We are seeking offers of £20,000 for the existing lease, fixtures and fittings.

Legal Costs

Each party to bear their own legal costs incurred in this transaction, subject to the applicant undertaking to cover the landlord’s abortive costs if the applicant withdraws from this transaction

Viewings

Strictly through the sole agents, Dobbin & Sullivan.