Executive Summary
- Freehold office building arranged over three floors in the heart of Walthamstow Village
- Recently refurbished to a very high specification it would suit both owner occupiers and investors
- The property may suit alternative uses subject to appropriate consents being obtained
- Approximate gross internal floor area of 2,184 sq ft (202.9 sq m)
- Offers are invited in excess of £1,200,000 for the freehold interest to be sold with full vacant possession. A purchase at asking price reflects a low capital value of approximately £549 per sq ft
Location
The property is situated on Orford Road within the heart of Walthamstow Village, E17. Orford Road is pedestrianised between 10am and 10pm, and is a popular shopping street and community hub, with an eclectic collection of independent local businesses. The street lies within the Orford Road Conservation Area.
Walthamstow Central station which provides a regular service into central London via the London Underground (Victoria Line) and London Overground is 0.5 miles away. High Street, Walthamstow is 0.6 miles away which is the home to Walthamstow Market and The Mall Walthamstow. The A406 (North Circular) is approximately 1.8 miles away and provides access to the A10, A12 and M11.
Nearby occupiers include Eat17, Orford Road Tapas, The Village Pub, and Queens Arms.
Please note all distances given are approximate only.
Description
Arranged over three floors the orientation of the property is north-south, with the shop frontage facing north. To the rear there is a courtyard garden and a parking space with vehicle and pedestrian access via Wingfield Road and Arden Mews. The property was fully renovated in 2017-18 to provide a high-quality contemporary office space with a mixture of open spaces and quiet rooms. The renovation included replacement slate roof tiles, new glazing and cladding to the front and rear, a new two storey extension, and extensive remodelling of the interior. The property has a traditional shop frontage in line with the Orford Road style and the conservation area requirements.
We have been advised of the following gross internal floor areas:
Ground Floor = 866 square feet (80.4 square metres)
First Floor = 859 square feet (79.8 square metres)
Second Floor = 459 square feet (42.6 square metres)
Total = 2,184 square feet (202.9 sq m)
Please note that the sizes are approximate only. All interested parties are advised to rely on their own inspection and survey.
Terms
Offers are invited in excess of £1,200,000 for the freehold interest to be sold with full vacant possession. A purchase at asking price reflects a low capital value of approximately £549 per sq ft.
Tenure
The freehold interest is to be sold with full vacant possession.
VAT
We have been informed that property is not elected for VAT.
EPC
The property has an EPC rating of D.
Viewings
Viewings are strictly via joint sole agents Harston&Co or Stow Brothers.