Commercial Properties For Sale in Leyton Marshes, East London
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We are delighted to offer For Sale this long leasehold investment currently with 63 years left to run at peppercorn ground rent. The leaseholder can extend the lease by a further 26 years if they wish to create an 89 year long leasehold interest. The property has been let and income producing to Stapletons who have been trading there for approximately 20 years with a current annual rental income of £43,721 p.a.x., with a lease to expire April 2029. The site is around 10,000 sqft (not measured). Service charge: approximately £1,906 p.a. Insurance Charge: £1,803p.a. The property is offered For Sale on assignment of the existing lease.
The site comprises ground floor warehouse and production area. Ground floor essentially is a large open space, with benefit of mezzanine floor with front and side loading bay and access. Externally the property has a small service yard/area to the front and side with loading facilities via 2 ele...