Dagenham Heathway (150m away - District Line), Goodmayes and Chadwell Heath Railway Stations
Air
London City Airport
Situation
The property is situated in a highly prominent corner position with frontages to both Heathway (A1240) and Hedgemans Road. Heathway Shopping Centre is located diagonally opposite the property, housing occupiers including Boots the Chemist, Tesco Express and Wilko. Other nearby occupiers include include JD Wetherspoon, Iceland, Lidl, Nationwide and a number of independent retailers.
Tenure
Freehold.
Location
Miles
3 miles south-east of Romford, 6 miles east of Stratford, 12 miles north-east of Central London
Dagenham Heathway (150m away - District Line), Goodmayes and Chadwell Heath Railway Stations
Air
London City Airport
Situation
The property is situated in a highly prominent corner position with frontages to both Heathway (A1240) and Hedgemans Road. Heathway Shopping Centre is located diagonally opposite the property, housing occupiers including Boots the Chemist, Tesco Express and Wilko. Other nearby occupiers include include JD Wetherspoon, Iceland, Lidl, Nationwide and a number of independent retailers.
Tenure
Freehold.
Description
The property comprises a ground floor bank with five separately accessed flats arranged on the first and second floors.
VAT
VAT is not applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a ground floor bank with five separately accessed flats arranged on the first and second floors.
VAT
VAT is not applicable to this lot.
Completion Period
Six Week Completion
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
Review/(Reversion)
Ground First & Second
Banking Hall/Ancillary 5 Residential Flats (2)
351.20 sq m -
(3,780 sq ft) (-)
BARCLAYS BANK PLC (1)
99 years from 25/03/1938 on a full repairing and insuring lease
£135
25/03/2037
Totals
626.88 sq m
(6,748 sq ft)
£135
(1) For the year ending 31st December 2015, Barclays Bank Plc reported pre-tax profits of £2,841,000,000 and a total net worth of £55,845,000,000 (Source: Experian Group 19/08/2016). (2) The residential flats have been sublet.
