Property photos
Just added
Freehold
Guide price
£550,000
Property for sale
Waltham Road, Woodford Green IG8Local area information
Property location
Nearby amenities
- Roding Primary School 0.3 miles
- Ray Lodge Primary School 0.4 miles
- Roding Valley 0.8 miles
- Woodford 0.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Woodford to find out more about the local area.
Features and description
- Freehold
- Ground floor veterinary accommodation in excess of 1100 ft2 on a Net Internal Area (NIA) basis
- 2 bed self contained flat to first floor
- Private off road parking for 3 vehicles
- Current passing rent of £29,500 per annum exclusive representing a net initial yield of 5.1% after deducting standard purchasers costs of 5.2%
- Strong Tenant covenant
- Term certain to March 2033 with no break option
- Increase only rent review March 2028
- Full repairing terms
Investment Opportunity
Veterinary premises with self contained 2 bedroom flat above. Let in its entirety to Linnaeus Veterinary Limited, the property provides a secure and low maintenance investment
Description
The property provides an end of terrace former residential property having been converted to veterinary accommodation to the ground floor and 2-bedroom flat above.
The property is of rendered brick construction under a pitched tiled roof with single storey flat roof extension to the rear and converted garage to the side elevation also utilised within the veterinary surgery.
The ground floor provides a range of clinical and clerical accommodation along with kennels and cattery. The first floor flat is self contained with an internal stairwell to the front and external staircase to the rear garden. The flat is in excellent condition throughout having recently been refurbished comprising two double bedrooms, bathroom, kitchen and lounge all fitted out to a high standard
Set within the Woodford Green area of the large town of Woodford, the property is set within a predominantly residential area to the east of the M11. The nearby Chigwell Road provides a range of (truncated)
Accommodation
Approximate Net Internal Area (NIA) floor areas:
Sq m sq ft
Ground Floor Veterinary 102.19 1100
First Floor 2 bedroom flat
Situation
The property is set within the Woodford Green area of the town of Woodford, East London. Set to the east of the M11, the property benefits from excellent transport links with the A104 running through Woodford Green and forming its High Street while Chigwell Road, the A113, runs along the east side with Broadmead Road connecting the two. Woodford Green is also served by Woodford tube station providing accessibility to central London.
Outside
Private off road parking is provided to the front of the property for three vehicles. A large garden is set to the rear and access from the rear of the ground floor and first floor via an external staircase.
Covenant
Founded in 2014, Linnaeus is one of the largest veterinary groups in the UK and Ireland offering specialist referral services as well as primary care across their network of practices.
Linnaeus is part of the Mars Veterinary Health group with its network of 2,500 veterinary clinics and hospitals in over 20 countries, providing industry leading pet care in over 25 million pet care visits every year.
Linnaeus Veterinary Limited (Company Number: 10790375) have achieved a credit score of 72, deemed "below average risk" by Experian. The ultimate holding company is Mars. The turnover as at ye 2023 was £398 million. Source: Experian: 05.06.2025.
Tenure
Freehold subject to existing lease agreement. Prospective purchasers are advised to make their own investigations in this regard.
Brief terms of the current lease agreement are as follows:
• Circa 15 year terms expiring March 2033
• Permitted use as offices within use class B1 and as a veterinary surgery together with associated use and nurses accommodation within use class B1
• Current passing rent of £29,500 per annum exclusive
• Rent reviews 5 yearly increase only to open market rent
• No break clauses
• Full repairing terms subject to schedule of condition
• Tenant to decorate externally every 3 years and internally every 5 years
• Within Landlord and Tenant Act 1954
Rights Of Way & Easements
The property is sold with any rights, easements or incidents of tenure which affect it.
Services
The property is understood to benefit from mains service connections including water, drainage, electric and gas along with air conditioning to ground floor areas. A separate gas fired boiler is provided to the first floor accommodation.
Prospective purchasers are advised to make their own investigations in this regard.
Business Rates & Council Tax
Current rateable value - £11,250
Council Tax - Band A
Viewing
Strictly by appointment with joint agents David James and Laroc Consultancy
Veterinary premises with self contained 2 bedroom flat above. Let in its entirety to Linnaeus Veterinary Limited, the property provides a secure and low maintenance investment
Description
The property provides an end of terrace former residential property having been converted to veterinary accommodation to the ground floor and 2-bedroom flat above.
The property is of rendered brick construction under a pitched tiled roof with single storey flat roof extension to the rear and converted garage to the side elevation also utilised within the veterinary surgery.
The ground floor provides a range of clinical and clerical accommodation along with kennels and cattery. The first floor flat is self contained with an internal stairwell to the front and external staircase to the rear garden. The flat is in excellent condition throughout having recently been refurbished comprising two double bedrooms, bathroom, kitchen and lounge all fitted out to a high standard
Set within the Woodford Green area of the large town of Woodford, the property is set within a predominantly residential area to the east of the M11. The nearby Chigwell Road provides a range of (truncated)
Accommodation
Approximate Net Internal Area (NIA) floor areas:
Sq m sq ft
Ground Floor Veterinary 102.19 1100
First Floor 2 bedroom flat
Situation
The property is set within the Woodford Green area of the town of Woodford, East London. Set to the east of the M11, the property benefits from excellent transport links with the A104 running through Woodford Green and forming its High Street while Chigwell Road, the A113, runs along the east side with Broadmead Road connecting the two. Woodford Green is also served by Woodford tube station providing accessibility to central London.
Outside
Private off road parking is provided to the front of the property for three vehicles. A large garden is set to the rear and access from the rear of the ground floor and first floor via an external staircase.
Covenant
Founded in 2014, Linnaeus is one of the largest veterinary groups in the UK and Ireland offering specialist referral services as well as primary care across their network of practices.
Linnaeus is part of the Mars Veterinary Health group with its network of 2,500 veterinary clinics and hospitals in over 20 countries, providing industry leading pet care in over 25 million pet care visits every year.
Linnaeus Veterinary Limited (Company Number: 10790375) have achieved a credit score of 72, deemed "below average risk" by Experian. The ultimate holding company is Mars. The turnover as at ye 2023 was £398 million. Source: Experian: 05.06.2025.
Tenure
Freehold subject to existing lease agreement. Prospective purchasers are advised to make their own investigations in this regard.
Brief terms of the current lease agreement are as follows:
• Circa 15 year terms expiring March 2033
• Permitted use as offices within use class B1 and as a veterinary surgery together with associated use and nurses accommodation within use class B1
• Current passing rent of £29,500 per annum exclusive
• Rent reviews 5 yearly increase only to open market rent
• No break clauses
• Full repairing terms subject to schedule of condition
• Tenant to decorate externally every 3 years and internally every 5 years
• Within Landlord and Tenant Act 1954
Rights Of Way & Easements
The property is sold with any rights, easements or incidents of tenure which affect it.
Services
The property is understood to benefit from mains service connections including water, drainage, electric and gas along with air conditioning to ground floor areas. A separate gas fired boiler is provided to the first floor accommodation.
Prospective purchasers are advised to make their own investigations in this regard.
Business Rates & Council Tax
Current rateable value - £11,250
Council Tax - Band A
Viewing
Strictly by appointment with joint agents David James and Laroc Consultancy
Floor plans and tours
Floor plans (2)
More information
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