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Commercial Property for sale

Green Street, London

£765,000

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: £765,000 (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


Disclaimer

Garrison Property endeavors to maintain accurate depictions of its properties in descriptions, however, these are intended only as a guide. These particulars do not constitute or form part of any offer or contract, nor may they be regarded as representations. All interested parties must verify their accuracy.Whilst every effort has been made to ensure accuracy this cannot be guaranteed.


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.


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