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Commercial investment fully let out and achieving £90,000 income per annum

Ilford, London
Asking Price:
£975,000
Status
FOR SALE
Advert ID
247428
Reference
lopr0_583654357 / Rightbiz

LOCATION:

The commercial freehold investment located on Chapel Road in Ilford & with-in walking distance to Ilford Railway Station.

DESCRIPTION:

Fully let commercial investment with A3 shop unit and four bedroom flat above.

USES:

A3

TENURE:

£975,000 freehold

SIZE:

Approximately 1191 sq ft shop unit & Approximately 947 sq ft flat

UPPER PARTS:

4 bedroom upper parts currently let

INCOME:

Shop unit £60,000 per annum & four bedroom flat let income £30,000 per annum joint income £90,000 per annum.

LEGAL COST:

Each party bear there own legal cost

LOCAL AUTHORITY:

Ilford

ENERGY PERFORMANCE CERTIFICATE:

Shop Unit: Energy Performance Asset Rating is 89: D Rating. A copy of this property’s energy performance certificate is available on request - Flat: Energy Performance Asset Rating is 56: E Rating. A copy of this property’s energy performance certificate is available on request

REFERENCE CHARGE:

London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non-refundable after the references have been taken up, whether they are accepted or not by the Landlord.

HOLDING DEPOSIT:

A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account

FIXTURE & FITTINGS:

Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition

AGENT NOTE:

London Properties for themselves for Lessors, Vendors and their agents, give notice that:-

1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.

2. These details do not constitute any part of an offer or contract.

3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties.

4. All rent prices, fees and charges are quoted exclusive of VAT

VIEWINGS:

Through London Properties by appointment only

Listing Details
Asking Price: £975,000
Location: Ilford, London
Sector: Commercial Properties
Key Features
  • Vacant/Empty Premises
  • Potential for Alternative Use
  • With Car Park
  • Prime Location
  • Adjacent to Multiple Retailers
  • With Accommodation
  • Offers Invited
  • Close to Local Amenities
  • Fully Fitted
Contact Agent
Telephone: Upgrade to view
Agent Name: Upgrade to view
Advert Reference: lopr0_583654357 / Rightbiz
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