Studio Bedrooms
1 Bathrooms
0 Receptions
243.40 sqm / 2,620 sqft
KEY FEATURES
REMAX are proud to introduce to the market this fantastic investment opportunity!
Ideally located on Chingford's popular high street are 2 shop units and above is a very well kept & spacious 2 double bedroom apartment with additional loft room.
From the property you are just seconds away from the nearest bus stops which can connect you to the nearest train stations such as Chingford, Highams Park & Walthamstow Central. On the doorstep of the property you have an abundance of shops, cafes, restaurants and other amenities to choose from as well as a Tesco Express & Sainsburys just a couple minutes walk away. Also nearby within walking distance are some great schools as well as local parks and gyms.
The property has the massive benefit of approximately 20x5mt land to the rear on which there is great development potential. This land is currently being used as parking for the retail shop units.
Within the courtyard at the rear of the property is an external W.C. facility which is in shared use by the 2 retail shop units.
1 of the retail units could achieve circa £375 PW in rent and currently does not have a lease. The other retail unit is currently achieiving £250 PW in rent and has a 1 year tenancy agreement in place with a tenant only break clause whereby they must provide 3 months notice to the landlord should they wish to vacate. The 2 double bedroom apartment could achieve a rent of circa £1,250 PCM.
The property would be attractive for most tenants as from the property you are well connected via road if driving as well as there being public transport links nearby. The local high street is also right on your doorstep where you can find many restaurants, shops and other amenities.
The apartment benefits from double glazing throughout as well as gas central heating.
BUSINESS RATES; Interested parties should confirm the rateable value and rates payable with the Local Charging Authority.
Viewing By appointment only. Please call our sales team Now!
We endeavour to make our marketing particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective applicants only and are not precise. Please be advised that some of the particulars may be awaiting vendor/Landlord approval. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the Vendor/Landlord.
MONEY LAUNDERING REGULATIONS: Intending applicants will be asked to produce identification documentation at a later stage, and we would ask for your co-operation in order that there will be no delay in agreeing on the sale/let.
Shop 1 (8.16 x 3.82 m - 26′9″ x 12′6″ ft)
Electric shutters, large reinforced window shopfront, tiled flooring, spotlights, wallpapered walls.
Shop 1 Kitchen (1.87 x 1.43 m - 6′2″ x 4′8″ ft)
Tiled flooring, access to storage and courtyard, fitted kitchen with sink and wall & base units.
Shop 2 (12.26 x 2.97 m - 40′3″ x 9′9″ ft)
Elexctric shutters, large reinforced window shopfront,laminate wood flooring, painted walls, suspended ceiling, fitted countertops with drawers and 4 x barber chairs and sinks, access to courtyard.
Courtyard (At rear) (6 x 5 m - 19′8″ x 16′5″ ft)
Paved flooring, external W.C., access to apartment.
Land (At rear) (14 x 5 m - 45′11″ x 16′5″ ft)
Apartment Kitchen (3.15 x 2.22 m - 10′4″ x 7′3″ ft)
Lino flooring, tiled splashback, double glazed windows, 1 x single radiator, fitted kitchen with wall & base units.
Apartment Bathroom (1.69 x 2.09 m - 5′7″ x 6′10″ ft)
Frosted double glazed window, lino flooring, tiled walls, mirrored vanity cabinet, 1 x single radiator, sink, toilet, bath with shower attachment.
Apartment Hall (1.85 x 4.66 m - 6′1″ x 15′3″ ft)
Carpet flooring, loft access, painted walls, 1 x single radiator, access to both bedrooms and reception.
Apartment Bedroom 1 (3.89 x 3.25 m - 12′9″ x 10′8″ ft)
Carpet flooring, wallpapered walls + feature wall, 1 x single radiator, double glazed window.
Apartment Bedroom 2 (2.42 x 2.62 m - 7′11″ x 8′7″ ft)
Carpet flooring, wallpapered walls, 1 x single radiator, double glazed window.
Apartment Reception (4.65 x 3.97 m - 15′3″ x 13′0″ ft)
Carpet flooring, 1 x single radiator, fireplace, wallpapered walls + feature wall, double glazed bay windows.
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All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.
