Freehold Medical Centre Investment
Freehold Medical Centre Investment
East Ham is a busy and popular East London residential suburb. The property is situated on the south side of Lathom Road close to its junction with High Street North the town's main commercial and retailing thoroughfare. Nearby occupiers include Greggs, State Bank of India, Wilko, Ladbrokes and an eclectic mix of local traders.
Freehold.
East Ham is a busy and popular East London residential suburb. The property is situated on the south side of Lathom Road close to its junction with High Street North the town's main commercial and retailing thoroughfare. Nearby occupiers include Greggs, State Bank of India, Wilko, Ladbrokes and an eclectic mix of local traders.
Freehold.
The property comprises a medical centre with accommodation on the ground, first and second floors. The property benefits from a car parking space at the front of the property.
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge, but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
Six Week Completion
See Legal Pack
The property comprises a medical centre with accommodation on the ground, first and second floors. The property benefits from a car parking space at the front of the property.
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge, but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
Six Week Completion
See Legal Pack
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Review | |
|---|---|---|---|---|---|---|---|
| Ground First Second |
Surgery Surgery Surgery |
129.39 sq m 46.64 sq m 14.55 sq m |
( 1,393 sq ft) (502 sq ft) (156 sq ft) |
INDIVIDUAL DOCTORS | Let for a term of 20 years from 12th September 2008 until 2028 on a full repairing and insuring lease. (1 |
£68,120 | 12th September 2023 |
| Total |
190.58 sq m |
(2,051 sq ft) (2) | £68,120 | ||||
(1) The lease is subject to a tenant option to determine the lease on 12th September 2023 on giving 6 month written notice.
(2) The floor areas stated above have been published by the Valuation Office Agency. https://www.tax.service.gov.uk/business-rates-find/valuations/17265430000
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.
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