Joes Food Ltd, Claybury Broadway, Clayhall, Ilford, Redbridge
Size
1,500
Tenure
Freehold
EPC
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Parking
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- Primary use
- High street retail
- Other use(s)
- Mixed use
- Frontage
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No floor / site plan
Key features
- Rare freehold mixed-use investment
- Popular Claybury Broadway parade
- Ground floor shop let at £19,800 pax
- 25-year lease from June 2019
- 5 yearly rent reviews
- Newly refurbished vacant 3-bedroom flat
- Self-contained rear storage unit
- Rear access
- Guide Price £625,000 STC
Description
The property comprises a substantial ground floor commercial unit let on a 25-year lease from June 2019, subject to 5 yearly rent reviews, at a current passing rent of £19,800 per annum exclusive. The commercial accommodation includes a large retail area and store extending to approximately 139 sq m (1,496 sq ft), together with a self-contained rear storage unit and rear access.
The upper part comprises a self-contained 3-bedroom flat, which has been newly refurbished and is currently vacant. We understand the flat is being marketed at £1,900 pcm, offering an incoming purchaser the opportunity to increase the overall rental income.
Freehold opportunities within this established and well-regarded local parade are relatively uncommon and the property should appeal to investors seeking immediate commercial income together with asset management potential from the upper part.
- Service charge
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- Business rates
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- Use class
- C3
- Listed building
- No
- Floors in building
- 3
- Business for sale
- No
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- BREEAM rating
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- Environmental description
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Brochure
Joes Food Ltd, Claybury Broadway, Clayhall, Ilford, Redbridge
About Countrywide Commercial, Greater London
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Disclaimer - Property reference 11CBclayhall. 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 Countrywide Commercial, Greater 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.