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Property for sale

689 Green Lane, Dagenham, Essex

Guide Price* £575,000

Property Description

Key features

  • For sale by auction
  • Building

Full description

Tenure: Freehold

TO BE SOLD BY PUBLIC AUCTION AS LOT 133 ON MONDAY 12 DEC 2016 - A mid terrace building arranged as a ground floor shop and split level flat, with rear plot of land with potential for development - Investment let at £37,500 per annum

Tenure

Freehold.

Location


  • Situated near the junction with Waldegrave Road

  • Shopping facilities can be found directly along Green Lane and to a further extent along Goodmayes Road and High Road

  • Goodmayes Park is close by


Rail: Goodmayes

Description


  • A mid terrace building forming part of a retail parade

  • Arranged as a ground floor commercial unit and split level flat

  • Rear plot of land of approximately 3,000 sq ft with potential for development

Accommodation


  • Ground Floor Shop - Shop Unit, Separate WC

  • First Floor - Reception/Kitchen, Bedroom

  • Second Floor - Two Bedrooms, Bathroom

Tenancy

Ground Floor Shop - 10 year lease from 1st July 2016 at a rent of £22,500 per annum.

First and Second Floor Flat - Let on an informal tenancy at the rate of £1,250 per calendar month.

Total Current Rent Reserved £37,500 per annumViewing. Please refer to pages 16-18

Listing History

Added on Rightmove:
26 November 2016

Map & Street View

Disclaimer - Property reference 48f96d54-c2dd-4021-98ce-9fe5181bdc7f. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills, National Auctions. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Savills, National Auctions on 020 7824 9025.


Map data OpenStreetMap contributors.