Substantial freehold double-fronted retail unit with an adjoining warehouse and rear yard.
Location
The property occupies a prominent position within Jubilee Parade on Snakes Lane East, in the heart of Woodford Green. This established retail parade is home to a variety of independent and national occupiers, creating a vibrant mix of shops, cafés, and services that draw consistent local footfall. Woodford Underground Station (Central Line) is just a short walk away, providing direct connections into the City and West End. The area is also well served by local bus routes and benefits from excellent road links via the A406 North Circular and M11 motorway.
The surrounding catchment is predominantly affluent and residential, with strong demand for retail and service-led businesses. Nearby amenities include supermarkets and restaurants enhancing the appeal of this busy and accessible trading location.
Accommodation
Double Shop Unit 96.8 m² (1041.6 ft²)
Warehouse 92.6 m² (996.8 ft²)
Total: 189.4 m² (2,038 ft²)
Rear Yard / Parking for 5/6 cars 103.3 m² (1111.6 ft²)
Terms
Tenure: Freehold with full vacant possession
Price: Offers sought in the region of £650,000, subject to contract, with full vacant possession
Use Class: Class E – suitable for retail, office, café, and other commercial uses without a change of use.
Business Rates:
Rates (From April 2025/6)
Rates payable £13,200 pa
(The above amount has been supplied by the vendors, interested parties are advised to verify these figures with the London Borough of Redbridge)
Legal Costs: Ingoing tenant to pay a contribution to the landlord’s legal fees.
Anti-Money Laundering: In accordance with current Anti-Money Laundering (AML) regulations, all tenants will be required to undergo personal, company, and general AML checks. An administration charge of £350 + VAT will apply.
Holding Deposit: Tenants wishing to secure this property may be required to pay a holding deposit to Countrywide Commercial of £3000. This deposit is not refundable except if the vendor withdraws, clear title cannot be proven or the tenant’s references, AML, and Credit checks are not acceptable to the landlord. This deposit is held in our client’s account until completion.
Specification
- Freehold
- Full Vacant Possession
- Double Shop – 96.8 m² (1041.6 ft²)
- Warehouse – 92.6 m² (996.8 ft²)
- Rear Yard / Parking for 5/6 cars
- Rear Loading
- Very Close to Woodford Green Station
- Uppers Sold off
- Price - £650,000