No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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£650,000 | 2,100 sq ft
Added > 14 days

Property for sale

Station Road, Chingford, London
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Property
0 bed
0 bath
2,100 sq ft / 195 sq m

Property description & features

  • Freehold investment
  • Comprising ground floor shop & self-contained 3-bedroom flat
  • Current income £32,500 per annum
  • Station Road location
* FREEHOLD SHOP & FLAT FOR SALE * - Situated on an established parade of shops in Station Road, Chingford. On Station Road are several multiple retailers including Greggs, Tesco Express and The Co-Operative. Chingford Station provides a regular service into Central London and Pay and Display parking is available on the street. Comprising a ground floor shop with a self-contained 3-bedroom flat at 1st and 2nd floor level. The shop has traded as a coffee shop for many years and has been amalgamated with 52 Station Road, although 52 Station Road is not included in the sale. The flat is accessed via Rale Lane to the rear of the premises. At the rear of the property is a garden and a store which is demised to the shop. The current income is £32,500 per annum. Please call CLARKE HILLYER on[use Contact Agent Button] for further information or to arrange an internal inspection.

Location - Situated on an established parade of shops in Station Road, Chingford. On Station Road are several multiple retailers including Greggs, Tesco Express and The Co-Operative. There are also a number of restaurants and coffee shops such as Costa Coffee and Cafe Nero. Chingford Station provides a regular service into Central London and Pay and Display parking is available on the street. Access to the motorway network is via the M25 at Waltham Abbey or the M11 at Loughton (Southbound Only).

Description - Comprising a ground floor shop with a self-contained 3-bedroom flat at 1st and 2nd floor level. The shop has traded as a coffee shop for many years and has been amalgamated with 52 Station Road, although 52 Station Road is not included in the sale. The flat is accessed via Rale Lane to the rear of the premises. At the rear of the property is a garden and a store which is demised to the shop. The accommodation is more particularly described as follows:
Shop: Sales Area: 681 sq ft (63.3 sq m); Customer w/c's; Rear Store: 360 sq ft (33.4 sq m); Garden.
1st Floor: Kitchen, bathroom, bedroom, living room, w/c.
2nd Floor: 2 bedrooms, storage room.
All measurements quoted are approximate only.

Tenancies - The shop is held on a 15 year full repairing and insuring lease from February 2024, at a rent of £20,500 per annum. There are rent reviews every 5 years.

The flat is held on an Assured Shorthold Tenancy agreement, at a rent of £1,000 per month.

Terms - The freehold is available, subject to the existing tenancy agreements, for £650,000.

Business Rates - The shop has a rateable value of £46,250 although this includes 52 Station Road which is not included within the sale.

Council Tax - The flat is within Council Tax Band B.

Viewings - Strictly via sole agents Clarke Hillyer, tel[use Contact Agent Button].

Epcs - The shop has an Energy Performance Certificate rating of B and the Flat has an EPC rating of C.

Property information from this agent

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    Clarke Hillyer is proud of its heritage. Established in 1885, Clarke Hillyer grew to be one of East London and West Essex foremost property companies. Core values of professionalism, customer service and integrity have enabled us to retain some of our clients through the generations for over 100 years.

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    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

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    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.