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Retail Property (high street) for sale

154 - 154a High Street North

POA
985 sq. ft.

Property Description

Commercial information

  • 985 sq ft (91 sq m)

Key features

  • Freehold investment in sought after London location
  • Tenant on FRI terms in fully refurbished unit
  • Self contained, modernised 3 bed maisonette on 1st and 2nd floors access from the front at street level
  • Total income of 57,250 per annum exclusive

Full description

Tenure: Freehold

Location

East Ham is a densely populated area forming part of the London Borough of Newham and situated 8 miles east of Charing Cross.

The property lies on the east side of High Street North and is located within a parade of shops. This is an excellent shopping district with a host of high street multiples, banks and restaurants. There are very good local transport links with excellent bus facilities including East Ham Tube station (District & Hammersmith & City) less than 1 minutes walk.

Description

The property comprises a 3 storey building.  There is an commercial unit on the basement and ground floor (trading as A1 retail unit) with a toilet and small yard to rear.  A separate front access door leads to a 3 bedrooom maisonette on the first and second floors.


 Gross Internal Area   
Areasq ftsq mLease TermsCurrent RentNext Rent  Review
Shop - Retail985.6591.57 £32,250 pa24th June 2020
Shop - Basement376.1934.95   
Shop - Yard - approx153.3814.25   

Maisonette


852.2879.18

Assured shorthold Tenancy of 12m with effect 1st Dec 2015


£1,500 pcm1st December 2016

Council Tax

3 bed, self contained flat - Band B (£964.87)

Legal Costs

Each party to bear their own legal costs incurred in this transaction, subject to the prospective purchaser solicitors undertaking to pay the landlord’s abortive costs if the prospective purchaser withdraw from the transaction.

Viewings

Strictly by appointment through the sole agent.


More information from this agent

Map & Street View

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