E4 244-246 Chingford Mount Road, Chingford Mount, London

The property comprises of a modern fitted out ground floor supermarket with access to the front as well as delivery access from Normanshire Drive. The unit benefits from both retail frontages to both highways.  Net Initial Yield of 5.96% after allowing for purchaser costs at 6.8% at this level and a Gross Yield of 6.4%

The subject property is located in Chingford which forms part of the London Borough of Waltham Forest situated 8.6 miles north east of Central London. The premises are situated on the east side of Chingford Mount Road (A112) with its junction to Normanshire Drive. The (A112) runs in a southerly direction connecting with the orbital A406 and in a northerly direction intersects with the A1009 and heading beyond to lead to the M25. The surrounding area is mixed use with a variety of housing and flats including the A112 populated with local high street shops, banks and restaurants. Highams Park Railway Stationm is approximately 1.4 miles to the south east with regular services to London Liverpool Street. Bus stops are situated outside the shops with regular services to Chingford to the north and Blackhorse Road and Walthamstow Stations to the south.

Attractive long income opportunity to December 2036

Asset Management Opportunity including rent review in December 2021

Highly prominent location in the busy arterial road of Chingford Mount Road

Supermarket Store fitted out to high standard