Description

£1,200,000 (£276,923 PW) High Street North, London, E6

FREEHOLD INVESTMENT PROPERTY

COMMERCIAL UNIT (A2)

1 BED SELF-CONTAINED FLAT ON REAR FIRST FLOOR

2 BED SELF-CONTAINED MAISONETTE ON FIRST AND SECOND FLOOR

  • MIXED-USE FREEHOLD INVESTMENT IN BUSY LONDON SUBERB
  • TENANT ON FRI TERMS IN FULLY REFURBISHED UNIT, WITH SELF-CONTAINED MODERNISED 2 BED MAISONETTE AND ADDITIONAL 1 BED FLAT ACCESSED FROM REAR.
  • TOTAL INCOME OF £65,800.00 PER ANNUM EXCLUSIVE

Gross internal area;

Retail Shop Ground Floor       109.15 m2 / 1,174.88 ft

Basement                                14.73 m2 / 158.55 ft

1st & 2nd floor self-contained

2 bed Maisonette                    58.42 m2 / 628.82 ft

Rear 1st floor self-contained

1 bed flat                                 32.80 m2 / 353.10 ft

Location:        East Ham is a densely populated area forming part of the London Borough of Newham and                         situated east of Charing Cross.

                        The subject property lies on the west side of High Street North (A117) located within a                                parade of shops between its junction with Heigham Road to the North and Bendish Road to                          the south.

                        The area comprises of an excellent shopping district with a host of high street multiples,                              banks and restaurants adjoining to and located near to the subject property.

                        The property lies close to a very busy highway with excellent bus facilities including East                            Ham Tube station (District and Hammersmith & City) less than a minute walk.

 

Description:   The property comprises a three-storey building arranged as a ground floor and basement A2 retail unit trading as money lender with staffroom, WC and kitchen to the rear. There is a separate rear access via the estate service road leading to communal external stairs providing access to a 1st floor terrace with separate doors entry to self-contained 1 bed flat and a 2 bed maisonette as well as direct access to the rear of the commercial unit.

Rates:             Billing Authority: London Borough of Newham

                         

Current Rent

Reserve:         £65,800 per annum

 

Price:              We are instructed to seek offers in excess of £1.2m subject to contract and

                        existing tenancies as above, for the freehold interest in the property.

 

VAT:               VAT is NOT applicable to this property

EPC:               175 High Street North: Rating F (132)

                        175A High Street North: Rating C (76)

                        175B High Street North: Rating D (61)

 

Legal Costs:  Each party to bear their own legal costs incurred in this transaction, subject to the prospective purchaser solicitors undertaking to the landlord’s abortive costs if the purchaser withdraw from the transaction.

 

Viewing:         Strictly by appointment through the sole agent:


N/A

Floorplan

EPC

No EPC chart found

Map & Nearby

Secondary

0.06 miles
Plashet School

Primary

0.18 miles
Lathom Junior School

Primary

0.35 miles
Hartley Primary School

Primary

0.38 miles
Kensington Primary School

Primary

0.39 miles
Cleves Primary School

Primary

0.41 miles
Altmore Infant School

Primary

0.45 miles
William Davies Primary School

Primary

0.48 miles
St Stephen's Primary School

Nursery

0.50 miles
St Stephen's Nursery School

College

0.53 miles
Newham College of Further Education

Primary

0.54 miles
Shaftesbury Primary School

Primary

0.55 miles
Monega Primary School

Primary

0.57 miles
Essex Primary School

Primary

0.66 miles
St Edward's Catholic Primary School

Primary

0.67 miles
Nelson Primary School

Primary

0.67 miles
Central Park Primary School

Primary

0.67 miles
St Michael's Catholic Primary School

Secondary

0.70 miles
Little Ilford School

Primary

0.78 miles
Salisbury Primary School

Primary

0.80 miles
Avenue Primary School

Primary

0.83 miles
Sandringham Primary School

Primary

0.83 miles
St Winefride's RC Primary School

Primary

0.85 miles
Upton Cross Primary School

Primary

0.91 miles
Sir John Heron Primary School

Primary

0.91 miles
Elmhurst Primary School

Bus

0.01 miles
East Ham, Bendish Road (N-bound)

Tube

0.06 miles
East Ham Underground Station

Bus

0.09 miles
East Ham (Stop B)

Bus

0.13 miles
East Ham (Stop A)

Bus

0.16 miles
East Ham, Ron Leighton Way (Stop K)

Bus

0.16 miles
East Ham, Caledon Road (E6) (Stop J)

Bus

0.17 miles
Plashet School (Stop T)

Bus

0.18 miles
East Ham, Ron Leighton Way (Stop M)

Bus

0.19 miles
Plashet, Gladstone Avenue (E12) (Stop U)

Bus

0.19 miles
East Ham, Skeffington Road (Stop JA)

Tube

0.71 miles
Upton Park Underground Station

Train

0.82 miles
Manor Park, Woodgrange Park Rail Station

Train

1.01 miles
Manor Park Rail Station

Train

1.28 miles
Barking Rail Station

Tube

1.29 miles
Barking Underground Station

Train

1.39 miles
Forest Gate Rail Station

Train

1.42 miles
Forest Gate, Wanstead Park Rail Station

Tube

1.52 miles
Plaistow Underground Station

Train

1.66 miles
Ilford Rail Station

Tube

1.70 miles
Beckton DLR Station

Train

2.02 miles
Stratford, Maryland Rail Station

Tube

2.03 miles
Beckton Park DLR Station

Tube

2.07 miles
Royal Albert DLR Station

Train

2.07 miles
West Ham Rail Station

Tube

2.08 miles
Stratford, Abbey Road DLR Station

Tube

2.10 miles
West Ham Underground Station

Tube

2.12 miles
Cyprus DLR Station

Train

2.36 miles
Stratford (London) Rail Station

Train

2.54 miles
Leytonstone High Road Rail Station

Under the Property Misdescription Act 1991 we endeavour to make our sales details accurate and reliable but they should not be relied upon as statements or representations of fact and they do not constitute any part of an offer of contract. The seller does not make any representations to give any warranty in relation to the property and we have no authority to do so on behalf of the seller. Services, fittings and equipment referred to in the sales details have not been tested (unless otherwise stated) and no warranty can be given as to their condition. We strongly recommend that all the information which we provide about the property is verified by yourself or your advisers. Under the Estate Agency Act 1991 you will be required to give us financial information in order to verify you financial position before we can recommend any offer to the vendor.

House
Studio bedrooms
1 bathrooms
0 receptions
No garden
No parking
215.00 sqm
No pets

Features

Close to public transport