Skip to main content
Popular
Total views:  500+
Guide price
£245,000

Property for sale

245 Wood Street, Walthamstow, London, E17 3NT
Auction
Property
Added > 14 days

Features and description

  • Tenure: Leasehold
Unsold. Contact the auctioneer.Guide Price = £245,000+

*For Sale By Online PublicAuction 13th February 2025 10:00 AM. To inspect the legal documents for this property go to our website to download the legal pack*

A Ground Floor Commercial Unit Let to A Nursery Producing £30,000 Income Per Annum

Tenure
Long Leasehold. The property will be held on a new 999 year head lease upon completion.

Location
The property is situated on a mixed use road close to local shops and amenities. The open spaces of Hollow Forest are within easy reach. Transport links are provided by Walthamstow Central (Victoria Line) and Wood Street Overground Station.

Description
The property comprises a ground floor nursery situated within a purpose built block arranged over ground and four upper floors

Accommodation
Ground Floor
Nursery Classroom
Kitchen
Kitchenette
Community Hall
Community Hall WC
Community Hall Kitchenette
WC
Pupils WC

Tenancy
The property is subject to an Commercial Lease for a term of 20 years commencing September 2022 at a rent of £15,000 per annum. The Tenants also have a separate agreement in place with the Landlord for works already carried out for a repayment of £15,000 per annum for the first 5 years of the term.

Buyers should refer to the section 106 and the lease in the legal pack for more information regarding the payment structure after the first 5 years of the lease.

Note
For all enquiries and potential viewings, please contact Max [use Contact Agent Button]
Visit agent website

About this agent

Auction House London - Hampstead
Auction House London - Hampstead
5 Hampstead Gate, 1a Frognal Hampstead, London NW3 6AL
020 8022 1911
Full profileProperty listings
Auction House London is the largest branch of the Auction House UK brand. Auction House holds more auctions annually than any other firm of auctioneers in
the UK and sold 4,957 properties throughout 2018 – over 1,000 properties more than our closest rivals. Co-founded by Andrew Binstock and Jamie Royston in
2011, Auction House London has grown year on year in its relatively short history to become one of the top 5 residential property auctioneers in the UK. We
adopt a modern and dynamic approach to offering high quality auction facilities to both corporate and independent sellers and buyers. We firml... Show more
... Show more

See more properties like this

*Disclaimer and call rate information...