inside index.cshtml
inside headerSlick.cshtml

image  George Lane, South Woodford, E18

image Sold

Floor area:
1,007 sq. ft. (94 sq. m.)
image Sold (Freehold)

Property Description

** NEW ** INVESTMENT OPPORTUNITY. Double-fronted retail investment in South Woodford, long leasehold with freehold available, 15 year lease to reputable brand with net initial yield of 5.4%

Investment Profile:

The investment available is on the ground floor of newly refurbished building located on George Lane, South Woodford. The site is well-connected and benefits from being 50 metres from South Woodford Underground Station (Central Line).

The space is let to Lasercare Clinics (Harrogate) Ltd, trading as SK:N Clinics, at a rent of £36,000 per annum exclusive, based on a new FRI lease for a term of 15 years, contracted inside the Landlord & Tenant Act 1954, with a 10 year break option and 5 yearly upward rent reviews.


Offers in excess of £599,500 for the long leasehold (999 years), which reflects a net initial yield of 5.63% based on purchasing costs at 6.75%.

In addition, the freehold is available for sale and offers are invited in excess of £75,000 which includes 9 flats with the benefit of ground rents.

Tenant Profile:

SK:N is the UK's leading skin and laser care clinic, with a plethora of consultant dermatologists, doctors, plastic surgeons, nurses and therapists. SK:N have a network of over 45 clinics throughout the UK and the company is a very reputable brand. Accounts can be provided upon request.


The property is elected for VAT, however, it is anticipated that the sale will be treated as a 'transfer of going concern' and, therefore, VAT should not be applicable on the purchase.


To be confirmed

Arrange a virtual or live viewing

Use this form to request specific information about this property or to arrange a virtual viewing

Sorry, there are some issues with this part of the form.

Are you sure you want to delete your account?
You have indicated you do not agree to our terms of use, do you wish to delete your account?
Why not sign up?

You will also be registered for the agent to contact you via other means you provide, with information relevant to your property search.

There was an error creating your account, please try again. If the problem persists, please contact us and we will investigate.
Password does not match

How would you like to be contacted?