Executive Summary
- Net Internal Area is approximately 1,479 square feet (137.4 square metres)
- Located within a prominent corner building in the area
- Opposite Highams Park station on the Overground Line
- A1 / Part D1 unit to let
- No premium
- New lease
Location
The property is located on the corner of Hale End Road and The Avenue in Highams Park, London, E4. Opposite the building is Highams Park station which is on the Overground Line with a regular service into Liverpool Street (which has a journey time of approximately 23 minutes according to TFL). Numerous Bus Routes service the area. The North Circular (A406) is approximately 0.8 miles to the south and provides access to the M11 which is approximately 2.4 miles away. Local operators include Tesco Superstore, Costa and Subway, as well as many independent cafés, restaurants and retailers.
Description
The property comprises a ground floor and basement commercial unit within a prominent two-storey building, which has most recently been used as part dental surgery (D1) and the remainder as a beautician under the A1 planning class. The ground floor measures approximately 1,117 square feet (103.77 square metres) and the basement measures approximately 362 square feet (33.66 square metres) on a net internal basis. The basement benefits from a ceiling height which allows for comfortable standing room. Planning approval has recently been obtained to self-contain the upper parts so the layout will be as per the proposed plans within this brochure.
Business Rates:
Rateable Value: £19,750
UBR (2019/20): 0.491
Rates Payable: £9,697.25
Figures are provided by the VOA and include the basement and the first floor offices. The property will need a re-rating because of the layout changes not including the first floor offices. All interested parties are advised to make their own enquiries to confirm the accuracy of these figures with the London Borough of Waltham Forest Business Rates Department.
Terms
The property is available on a new lease at £35,000 per annum with further terms to be agreed. All negotiations are strictly subject to contract.