The property is situated in a prominent corner position on the north side of the busy Green Lane at its junction with Burnside Road equidistant between Romford and Ilford. Nearby occupiers include Greggs, Santander, Co-Operative Food and Superdrug, as well as a number of independent retailers. Goodmayes Railway Station is located less than 1 mile to the north-west.
Tenure
Freehold.
Location
Miles
3 miles south-east of Romford
6 miles east of Stratford
12 miles north-east of Central London
Roads
A12, A13, A406 (North Circular Road), M25 (Junction 28, 29),
The property is situated in a prominent corner position on the north side of the busy Green Lane at its junction with Burnside Road equidistant between Romford and Ilford. Nearby occupiers include Greggs, Santander, Co-Operative Food and Superdrug, as well as a number of independent retailers. Goodmayes Railway Station is located less than 1 mile to the north-west.
Tenure
Freehold.
Description
The property comprises retail accommodation on the ground floor (arranged as a shop and separate lean-to) with a maisonette on the first and second floors.
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises retail accommodation on the ground floor (arranged as a shop and separate lean-to) with a maisonette on the first and second floors.
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reviews
Ground First & Second
Retail (Shop and lean-to) Residential
93.74 sq m -
(1,009 sq ft) (-)
INDIVIDUAL (1)
20 years from 16/03/2009 until 2029 on a full repairing and insuring lease
£23,000
16/03/2019 & 16/03/2024
Total Commercial Area
93.74 sq m
(1,009 sq ft)
£23,000
(1) The Vendor has received an application for an assignment of the lease to another individual, with a proposed 3 month rent deposit given on assignment. We understand the tenant sublets the maisonette.
