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Swan House 9-12 Johnston Rd 4,395 sq ft 86% Let Office Property Woodford Green IG8 0XA £1,650,000 (£375.43/sq ft)

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INVESTMENT HIGHLIGHTS

  • Unique opportunity
  • Comprising 2 shops currently let to established estate agencies for £62,500 per annum
  • Includes rear courtyard
  • Prominent freehold corner property overlooking The Green/Duckpond
  • Planning consent granted for 3 apartments in the roof space
  • High Road location

EXECUTIVE SUMMARY

380-382 High Road: Let to Abode (Woodford) Ltd on a 10 year FRI lease from May 2019. The current rent is £24,000 per annum. 384 High Road: Let to Arun Estate Agencies Ltd on a 10 year FRI lease from March 2023, subject to a 5 year tenant's break clause and rent review. The current rent is £38,500 per annum. The 1st floor and part of the ground floor are sold off on a 125 year lease from 2009.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Size
4,395 sq ft
Costar Property Class
C
Year Built
1987
Price
£1,650,000
Price per sq ft
£375.43
Occupancy Rate
86%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
2,170 sq ft
Plot ratio
0.50
Total Plot Size
0.20 ac

AMENITIES

  • 24 Hour Access
  • Security System
  • Signage
  • Air Conditioning

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • sq ft OCCUPIED
  • RENT/sq ft
  • LEASE END
  • Abode
  • -
  • -
  • -
  • -
  • Abode Estate Agents
  • -
  • 500 sq ft
  • -
  • -
  • -
  • 1,000 sq ft
  • -
  • -

Part of Arun Estate Agencies Ltd, Douglas Allen was bought by our chairman, Paul Rooney in 1991. Since then, he’s worked hard to develop an estate agency that provides a service a cut above the rest. Over the years, he’s brought together a team of like-minded professionals, each of whom shares his vision to create an estate agency that will adjust to the evolving needs of its customers – a place where nothing is too much trouble. At its helm is David Lench – our Group Managing Director. David shares Paul's philosophy of putting people first – after all, an estate agency is a ‘people’ business where quality of service makes all the difference. We understand that a property is more than bricks and mortar – and whether you’re selling, buying, renting or letting out your home, you need that little something extra that comes from working with an estate agent who genuinely cares. Douglas Allen, along with its sibling companies – Cubitt & West, Wards and Pittis – isn’t your average estat

  • Logistrans (UK) Ltd
  • -
  • 500 sq ft
  • -
  • -
  • Pacific Naval Register of London Ltd
  • -
  • -
  • -
  • -
  • Russian Maritime Register of Shipping
  • -
  • 500 sq ft
  • -
  • -
  • Thirsk Winton LLP
  • -
  • 500 sq ft
  • -
  • -
TENANT INDUSTRY sq ft OCCUPIED RENT/sq ft LEASE END
Abode - - - -
Abode Estate Agents - 500 sq ft - -
- 1,000 sq ft - -
Logistrans (UK) Ltd - 500 sq ft - -
Pacific Naval Register of London Ltd - - - -
Russian Maritime Register of Shipping - 500 sq ft - -
Thirsk Winton LLP - 500 sq ft - -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • USE
  • CONDITION
  • AVAILABLE
  • Ground-Ste Suite 1
  • 198 sq ft
  • Office
  • Partial Fit-Out
  • Now

Available accommodation comprises of 3x first floor offices suites accessed via a communal entrance. The units are to be redecorated with amenities including Air Conditioning (not tested), Entryphone and Underfloor Trunking.

  • Ground-Ste Suite 2
  • 262 sq ft
  • Office
  • Partial Fit-Out
  • Now

Available accommodation comprises of 3x first floor offices suites accessed via a communal entrance. The units are to be redecorated with amenities including Air Conditioning (not tested), Entryphone and Underfloor Trunking.

  • Ground-Ste Suite 3
  • 135 sq ft
  • Office
  • Partial Fit-Out
  • Now

Available accommodation comprises of 3x first floor offices suites accessed via a communal entrance. The units are to be redecorated with amenities including Air Conditioning (not tested), Entryphone and Underfloor Trunking.

Space Size Space Use Condition Available
Ground-Ste Suite 1 198 sq ft Office Partial Fit-Out Now
Ground-Ste Suite 2 262 sq ft Office Partial Fit-Out Now
Ground-Ste Suite 3 135 sq ft Office Partial Fit-Out Now

Ground-Ste Suite 1

Size
198 sq ft
Space Use
Office
Condition
Partial Fit-Out
Available
Now

Ground-Ste Suite 2

Size
262 sq ft
Space Use
Office
Condition
Partial Fit-Out
Available
Now

Ground-Ste Suite 3

Size
135 sq ft
Space Use
Office
Condition
Partial Fit-Out
Available
Now

Ground-Ste Suite 1

Size 198 sq ft
Space Use Office
Condition Partial Fit-Out
Available Now

Available accommodation comprises of 3x first floor offices suites accessed via a communal entrance. The units are to be redecorated with amenities including Air Conditioning (not tested), Entryphone and Underfloor Trunking.

Ground-Ste Suite 2

Size 262 sq ft
Space Use Office
Condition Partial Fit-Out
Available Now

Available accommodation comprises of 3x first floor offices suites accessed via a communal entrance. The units are to be redecorated with amenities including Air Conditioning (not tested), Entryphone and Underfloor Trunking.

Ground-Ste Suite 3

Size 135 sq ft
Space Use Office
Condition Partial Fit-Out
Available Now

Available accommodation comprises of 3x first floor offices suites accessed via a communal entrance. The units are to be redecorated with amenities including Air Conditioning (not tested), Entryphone and Underfloor Trunking.

  • Listing ID: 36568585

  • Date on Market: 02/07/2025

  • Last Updated:

  • Address: 9-12 Johnston Rd, Woodford Green IG8 0XA

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