Skip to content

Forest Business Park. Argall Avenue, Leyton, Leyton, London, E10 7FB

Fixed Price
£725,000

£72.50 per sq ft

Business rates & charges may apply

LAND COMMERCIAL, London
SIZE AVAILABLE

10,000 sq ft

929 sq m

SECTOR

Warehouse for sale

Key features

  • Long leasehold investment
  • Currently 63 years left to run at peppercorn ground rent with option to extend by a further 26 years.
  • Peppercorn ground rent
  • Let and income producing for approximately 20 years

Description

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 £37,692 p.a.x., with a rent review due in April 2024 and lease to expire April 2029. The site is around 10,000 sqft (not measured).

Service charge: approximately £1,632.40 p.a.
Insurance Charge: £2,234.42 p.a.

The property is offered For Sale on assignment of the existing lease.

Brochures

Forest Business Park. Argall Avenue, Leyton, Leyton, London, E10 7FB

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Lea Bridge0.4 miles
  • St. James Street Station0.7 miles
  • Walthamstow Queens Road Station1.0 miles

About LAND COMMERCIAL, London

1 Fullers Parade Fullers Road, London, E18 2BF

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 863FH. 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 LAND COMMERCIAL, London. 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.