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A Commercial Investment Understood to be Producing £12,000 per annum
The property comprises a ground floor shop situated within a terraced building arranged over ground and first floors.
Tenure
Leasehold
By Order of the LPA Receivers
Location
The property is situated on an established parade in the heart of Ilford predominantly occupied by local traders. The open spaces of Valentines Park are very close by. Transport links are provided by Gants Hill underground station (Central line)
Accommodation
The property has not been internally inspected. We understand the property provides the following accommodation: Ground Floor Shop Area Kitchen Separate WC with wash basin
Tenancy
We have not had sight of the tenancy at the time of going to print but we understand that the property is currently let at £1,000 pcm
Current Rent Reserved £12,000 per annum
Viewing Details
Withdrawn
Addendum
As per the Special Conditions of Sale, we are offering the freehold interest in the building (title number EGL44872) and not as stated in the catalogue. The first floor flat has been sold off on a 125 year lease from 16th September 2005. Sold Prior
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.