1-3 Cherrydown Ave, Chingford, London

1-3 Cherrydown Ave is currently trading as a well established ice-cream and dessert business specialising in ice-cream which is made on site, this unit if offered to let but way of lease assignment of a 15 year lease from March 2018. The current business is not for sale but interested parties may benefit for the operational use and operational equipment which may be acquired by separate negotiations making this unit ready to trade immediately.

Location
This retail unit is situated on an excellent prominent corner position in Cherrydown Avenue, Chingford at the junction with Albert Crescent.

Viewings
Strictly by prior appointment via the sole agents P & F Commercial Tel: 01664 431330 or via email office@pandfcommercial.com

Terms
Offered to let by way of lease assignment of a 15 year lease (from March 2018). The lease is within the 1954 Act and on a fully repairing and insuring lease - The rent is £10,000 plus VAT per annum. A deposit equal to 3-month rent will be required and there will be a contribution to the Buildings Insurance arranged by the Landlord. Rent is paid quarterly in advance.

A £20K premium is applicable to include fixtures and fixing and the current alcohol licence that is already in place.

Services
We are advised that all mains services are connected to the property. These services have not been inspected or tested by the agent.

Available Area