128-130 High Street North
£414.82 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
6,991 sq ft
649 sq m
- SECTOR
High street retail property for sale
Description
LOCATION
East Ham forms part of the London Borough of Newham and is located 7 miles east of the City of London, midway between West Ham and Barking. Road connections are good with the A13 lying to the south and the A406 (North Circular Road) running parallel to the east. East Ham Underground and East Ham Station (District and Hammersmith & City Lines) are both within 250 metres of the property.
The property is situated on the east side of High Street North, between its junctions with Clements Road and Caulfield Road.
Occupiers close by include Holland & Barrett, KFC, The Works, HSBC, Wilko, JD Sports and WH Smith amongst many others
DESCRIPTION
The property is arranged on ground and two upper floors to provide a ground floor supermarket with storage and ancillary accommodation on the first floor. There are two self-contained flats on the second floor.
The upper floors benefits from planning permission (Ref: 19/01374/FUL) for the proposed alteration and construction of first, second and third floor extensions at front and rear elevations to create 3 x two bedroom, 1 x three bedroom and 1 x one bedroom flats including cycle storage and amenity space.
ACCOMMODATION
The following breakdown indicates the retail area of the unit:
FLOOR - DESCRIPTION - AREA sqm - AREA sqft
Ground - Retail Space - 365.87 - 3936.8
First - Internal Storage - 283.9 - 3054.8
Second Floor - Two Flats
Total: - 649.77 - 6991.6
AMENITIES
Well located freehold shop and residential investment
Shop let to Iceland Foods Ltd with 3% p.a. rental increases until 2027 (sublet to current tenants)
Includes 2 separately let flats with planning permission for the construction of 5 flats above
Shop accommodation extends to approx. 6,991 sqft
Located 250 metres from East Ham Underground Station
VAT is applicable
SERVICES
Freehold £2,900,000
OUTGOINGS
Interested parties are advised to confirm the rating liability with the Local Authority.
VAT
VAT is applicable
VIEWING
Interested parties are invited to contact the vendor´s sole agents, Monarch Commercial, to arrange a viewing:
Brochures
128-130 High Street North
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- East Ham Station0.2 miles
- Upton Park Station0.8 miles
- Woodgrange Park Station0.9 miles
About Monarch Commercial Limited, Middlesex
Monarch House, 8 Church Street, Isleworth, TW7 6XB
Welcome to Monarch Commercial.
We offer a wide range of property services for developers, owners and investors, and tenants and owner occupiers, meeting full client expectations with a proven track record across a range of business sectors.
The Directors of Monarch have been in the property business for over forty years. The practice has been established for over fifteen years and is an independent property specialist. We pride ourselves in offering profession
Notes
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