The Broadway, Hornchurch, London, RM12
£318.18 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
1,650 sq ft
153 sq m
- SECTOR
3 bedroom mixed use property for sale
- USE CLASSUse class orders: C3 Dwelling Houses and Class E
C3, E
Key features
- Freehold mixed-use investment
- Immediately adjacent to Elm Park Underground Station (District line)
- Prominent Broadway position
- Passing income £34,800 per annum
- Shop let at £16,200 pa + basement £6,600 pa + 3-bed maisonette £12,000 pa
- All occupiers on annual agreements
- Ground floor retail approx. 515.7 sq ft (47.9 sq m)
- Maisonette approx. 525.7 sq ft (48.8 sq m)
- Basement approx - 632 sq.ft (58.75 sq m)
Description
A freehold mixed-use investment in a prominent position on The Broadway, Elm Park, immediately adjacent to Elm Park Underground Station (District line). The property provides a ground floor retail unit with ancillary basement storage and a self-contained three-bedroom maisonette above.
The property produces a current passing income of £34,800 per annum, comprising £16,200 pa from the shop, £6,600 pa from the basement store and £12,000 pa from the maisonette. All occupiers are understood to be on annual agreements.
Accommodation (approx.)
Ground floor retail: 47.91 sq m (515.69 sq ft)
Maisonette: 48.84 sq m (525.67 sq ft)
Basement self-contained store: 58.75 m²/ 632 ft²- accessed from rear service road
Tenure
Freehold.
Price
Guide £525,000, subject to contract.
Brochures
The Broadway, Hornchurch, London, RM12
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Elm Park Station0.1 miles
- Hornchurch Station0.9 miles
- Dagenham East Station1.5 miles
About Countrywide Commercial, Greater London
Connaught House Broomhill Road, Woodford Green Essex IG8 0XRNotes
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