Skip to content

9 Woodgrange Road, London, E7

£495,000

£501.52 per sq ft

Business rates & charges may apply

Murray Commercial Limited, Walthamstow
SIZE AVAILABLE

987 sq ft

92 sq m

SECTOR

High street retail property for sale

USE CLASSUse class orders: A1 Shops, A3 Restaurants and Cafes and A5 Hot Food Take away

A1, A3, A5

Key features

  • £495,000 equating to a gross yield of approximately 6.5%
  • Located in a prime position near multiple national retailers
  • Long leasehold investment with 994 years remaining
  • Currently let to Subway Reality Limited
  • The current passing rent is £32,000 per annum

Description

Long leasehold investment with 994 years remaining from 1st January 2021 at a peppercorn rent. The current passing rent is £32,000 per annum. Currently let to Subway Realty Limited. Full Repairing and Insuring Lease.

Guide Price - We are instructed to seek offers of £495,000 (Four Hundred and Ninety Five Thousand Pounds), subject to contract, reflecting a gross yield of 6.5%.

The subject property is a single storey brick built building under a flat roof and sits in a highly prominent position. 987 sq. ft. Internally, the property is arranged mainly over ground floor with a change of level with steps to the rear. The property benefits from a disabled WC, preparation area, storage and large rear office. There is also a fire door leading into a courtyard.

EPC - C rating

AML - Each in accordance with the Money Laundering, Terrorist Financing and Transfer of Funds (information on the Payer) Regulations 2017, the purchaser will be required to comply with our Anti-Money Laundering policy.

Legal costs - Each party to bear their own legal costs.

9 Woodgrange Road, London, E7

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Forest Gate Station0.1 miles
  • Wanstead Park Station0.3 miles
  • Maryland Station0.8 miles

About Murray Commercial Limited, Walthamstow

7 Blackhorse Lane, London, E17 6DS

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 9Woodgrange. 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 Murray Commercial Limited, Walthamstow. 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.

Map data ©OpenStreetMap contributors.