Commercial Property for sale

Green Street, London

£795,000

Property Description

Key features

  • A3 restaurant & flat large FREEHOLD for sale
  • Restaurant with 60 covers over 2 floor
  • Large 2-bedroom split level flat

Full description

Tenure: Freehold

Garrison Property are delighted to offer this A3 restaurant & large flat FREEHOLD for sale. The freehold property includes a restaurant with 60 covers over 2 floors and a large 2-bedroom split level accommodation located on the popular Green Street.

The restaurant is currently trading and the unit is split over 2 floors on the ground floor and the basement. It also has a rear garden, WC and storeroom. The unit currently achieves rental of £22,000 but we consider there to be potential to increase the rental income on the restaurant.

The property also comes with a split level 2 bedroom flat. This is currently let out for £1,250 PCM.

The property is situated on the vibrant and busy Green Street, Upton Park Underground Station (Circle, District and Hammersmith & City Lines) is close by; Forest Gate railway station has services to London Liverpool Street via Stratford. It is in Travel Card Zone 3 on the Great Eastern Main Line. The area has excellent road communications with the A406 (North Circular), A102(M), A12, A13 and A11 all situated close by.

Sale price: £795,000 (freehold)
Total shop size: 1,120 sq ft (Approx)
Total flat size: 775 sq ft (Approx)
Rental Income: £37,000 per annum

LEGAL COSTS:
The purchaser to provide an undertaking for the landlord`s abortive legal costs, should they withdraw from the transaction for whatever reason. The potential tenant must also pay the freeholder`s legal cost as well as their own.

Please ensure you contact Garrison on 0208 594 8220 to view this property as due its prime location we envisage a quick sale.

*Agency fees apply. Sale by tender


Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.


More information from this agent

Nearest stations

  • Forest Gate (0.5 mi)
  • Wanstead Park (0.6 mi)
  • Upton Park (0.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Garrison Property Limited, Essex

603-605 Cranbrook Road, Ilford, Essex, IG2 6SU

020 3858 2401 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Forest Gate (0.5 mi)
  • Wanstead Park (0.6 mi)
  • Upton Park (0.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Garrison Property Limited, Essex

603-605 Cranbrook Road, Ilford, Essex, IG2 6SU

020 3858 2401 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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