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

£695,000

Size

10,000

Tenure

Freehold

EPC

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Parking

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Primary use
Warehouse
Other use(s)
Traditional office

No floor / site plan

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 £43,721 p.a.x., with a lease to expire April 2029. The site is around 10,000 sqft (not measured).

Service charge: approximately £1,906 p.a.
Insurance Charge: £1,803p.a.

The property is offered For Sale on assignment of the existing lease.
Additional information
Clear height
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Yard depth
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Service charge
£1,906
Business rates
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Use class
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Listed building
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Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

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

NEAREST STATIONS

National Rail

Lea Bridge

0.44 miles

National Rail

St. James Street Station

0.71 miles

London Overground

Walthamstow Queens Road Station

0.98 miles

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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 LIMITED, 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.