2 bedroom retail property (high street) to rentStation Road, London, E4
662 sq. ft.
- 662 sq ft (61 sq m)
The available accommodation comprises of a ground floor lock up shop with rear stores/staff room and rear yard/garden accessed from Willow Street. The upper floors comprise a self contained split level 2 x bedroom maisonette currently let on a room by room basis. The shop is in very good decorative order.
An assignment of our clients 10 year lease to expire August 2019 without further review is available at the current passing rental of £27,750 per annum exclusive. We understand that the lease is contracted inside of the security of tenure and compensation provisions of the 1954 L & T Act. A longer lease is available directly from the Freeholder if required (subject to covenant).
The maisonette is let on a room by room basis at a monthly rental of £1,200 per calendar month although vacant possession can be obtained on completion if required.
A premium of £10,000 for the benefit of the leasehold interest is being sought.
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