20 Kirkdale Road London E11 1HP

  • 20 Kirkdale Road<br>London<br>E11 1HP

20 Kirkdale Road
London
E11 1HP

Four Freehold Retail Investments (To be offered as four separate lots)

  • Let to tenant trading as Kingsley & Co Chartered Accountants
  • Four shops to be offered as separate lots
  • Directly opposite Leytonstone bus station in popular North-East London Location
  • VAT-free investment
  • Lot
    2
  • Auction
    28th October 2020
  • Rent
    £10,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £162,000
  • Auction Venue
    Live Streamed Auction
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Four Freehold Retail Investments (To be offered as four separate lots)

  • Let to tenant trading as Kingsley & Co Chartered Accountants
  • Four shops to be offered as separate lots
  • Directly opposite Leytonstone bus station in popular North-East London Location
  • VAT-free investment
  • Lot 2
  • Auction 28th October 2020
  • Rent £10,000 per Annum Exclusive
  • Status Sold
  • Price £162,000
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
6.5 miles north-east of the City of London
Roads
A12, A406 (North Circular)
Rail
Leytonstone Underground Station (Central Line)
Air
London City
Situation

Leytonstone is a popular suburb of east London. The property is located on the east side of Kirkdale Road, less than 100m from Leytonstone Underground Station (Central Line), and directly opposite Leytonstone Bus Station. Nearby occupiers include Sainsbury's, Argos, Subway and Poundland.

Tenure

Freehold. Each is offered Freehold.

Location
Miles
6.5 miles north-east of the City of London
Roads
A12, A406 (North Circular)
Rail
Leytonstone Underground Station (Central Line)
Air
London City
Situation

Leytonstone is a popular suburb of east London. The property is located on the east side of Kirkdale Road, less than 100m from Leytonstone Underground Station (Central Line), and directly opposite Leytonstone Bus Station. Nearby occupiers include Sainsbury's, Argos, Subway and Poundland.

Tenure

Freehold. Each is offered Freehold.

Description

The property comprises four adjoining ground floor shops, each with ancillary accommodation at first floor level.

VAT

VAT is not applicable to this lot.

Note

Please note the buyer of each lot will pay 1.5% VAT of the purchase price towards the Vendor's costs in addition to the cost of the searches. Please see Special Conditions of Sale.

EPC

Various. See legal pack at www.acuitus.co.uk.

Description

The property comprises four adjoining ground floor shops, each with ancillary accommodation at first floor level.

VAT

VAT is not applicable to this lot.

Note

Please note the buyer of each lot will pay 1.5% VAT of the purchase price towards the Vendor's costs in addition to the cost of the searches. Please see Special Conditions of Sale.

EPC

Various. See legal pack at www.acuitus.co.uk.

Tenancy & Accommodation

Unit No. Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x
20 Ground
First
Office
Ancillary
12.30 sq m
8.60 sq m
(132 sq ft)
(93 sq ft)
K. ODAMEDANQUAH
t/a Kingsley & Co
Chartered
Accountants
(1)
5 years from
25/03/2020 until
24/03/2025 on a full
repairing and insuring
lease
£10,000
Total
20.90 sq m
(225 sq ft)     £10,000

(1) Kingsley & Co Chartered Certified Accountants and Tax Consultants based in Leytonstone, East London, providing a wide range of accountancy services and advice for business start ups, small and medium size businesses in London and Essex (www.kingsleyandco.co.uk). The tenant was previously trading at the property under a lease that expired in 24/03/2020.
The rent increased from £8,000 pa to £10,000 pa in March 2020.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Seller's Solicitors
Structadene Group 9 White Lion Street
London
N1 9PD
James Thomson 0207 843 9196james.t@pearl-coutts.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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