Property photos
Freehold
Guide price
£550,000
Retail premises for sale
Porters Avenue, Dagenham RM8Available immediately
Local area information
Property location
Nearby amenities
- Southwood Primary School 0.2 miles
- Roding Primary School 0.2 miles
- Becontree 0.8 miles
- Dagenham Heathway 1 mile
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Dagenham to find out more about the local area.
Features and description
- Freehold
- Freehold investment
- Mixed parade
- Shop with rear access
- Split level flat above
- Four bedrooms
- Currently producing £34,828 pa
Description
Guide Price £550,000 to £575,00
With a passing rent of £34,828 producing a yield of 6.3% at the lower guide price, you can purchase the freehold to this 538 sq ft shop with 1270 sq ft split level flat above.
The property is located in a mixed parade near the junction of Wood Lane (A124) with the current tenant in the shop operating as a convenience store with approx. 15 years lease and the maisonette let on an Assured Shorthold Tenancy.
The shop has it's own wc, store room with kitchen area and access from rear for loading.
The flat offers four bedrooms, lounge, kitchen/diner, shower room/wc and is approached from rear.
Due to the lack of freeholds currently coming to the market we anticipate a good response to this property so don't delay and call Julian in our commercial department today!
Tenure: Freehold
Entrance
Roller shutter, door and windows to:
Main Shop Area
32ft 7 x 20ft 4 narrowing to 10ft
Counter, shelving, door to:
Storage Room
20ft 7 x 7ft 3
Door with roller shutter to rear with rear access for loading, sink unit with mixer tap and cupboard below, door to:
WC
Low flush wc, wash hand basin.
Access
Rear access with external staircase to flat.
Hall
Uvpc style door, radiator, stairs to first floor.
Kitchen/Diner
16ft x 10ft 2
Double glazed window to rear, sink unit with mixer tap and cupboard below, wall and base units with work surfaces over, tiled floor, boiler.
Bedroom 1
16ft 10 x 9ft 7
Double glazed window to front, radiator, laminate style flooring.
Bedroom 2
13ft 10 x 9ft 6
Double glazed window to front, radiator, laminate style flooring.
Landing
Laminate style flooring.
Lounge
16ft 2 narrowing to 12ft 7 x 14ft 5
Double glazed window to front, radiator, laminate style flooring.
Bedroom 3
16ft 1 x 10ft (max)
Double glazed window to rear, radiator, laminate style flooring.
Bedroom 4
Unmeasured. Double glazed window to front.
Shower Room
Double glazed window to rear, shielded shower cubicle, low flush wc, wash hand basin with mixer tap and cupboard below heated towel rail, tiled walls.
Guide Price £550,000 to £575,00
With a passing rent of £34,828 producing a yield of 6.3% at the lower guide price, you can purchase the freehold to this 538 sq ft shop with 1270 sq ft split level flat above.
The property is located in a mixed parade near the junction of Wood Lane (A124) with the current tenant in the shop operating as a convenience store with approx. 15 years lease and the maisonette let on an Assured Shorthold Tenancy.
The shop has it's own wc, store room with kitchen area and access from rear for loading.
The flat offers four bedrooms, lounge, kitchen/diner, shower room/wc and is approached from rear.
Due to the lack of freeholds currently coming to the market we anticipate a good response to this property so don't delay and call Julian in our commercial department today!
Tenure: Freehold
Entrance
Roller shutter, door and windows to:
Main Shop Area
32ft 7 x 20ft 4 narrowing to 10ft
Counter, shelving, door to:
Storage Room
20ft 7 x 7ft 3
Door with roller shutter to rear with rear access for loading, sink unit with mixer tap and cupboard below, door to:
WC
Low flush wc, wash hand basin.
Access
Rear access with external staircase to flat.
Hall
Uvpc style door, radiator, stairs to first floor.
Kitchen/Diner
16ft x 10ft 2
Double glazed window to rear, sink unit with mixer tap and cupboard below, wall and base units with work surfaces over, tiled floor, boiler.
Bedroom 1
16ft 10 x 9ft 7
Double glazed window to front, radiator, laminate style flooring.
Bedroom 2
13ft 10 x 9ft 6
Double glazed window to front, radiator, laminate style flooring.
Landing
Laminate style flooring.
Lounge
16ft 2 narrowing to 12ft 7 x 14ft 5
Double glazed window to front, radiator, laminate style flooring.
Bedroom 3
16ft 1 x 10ft (max)
Double glazed window to rear, radiator, laminate style flooring.
Bedroom 4
Unmeasured. Double glazed window to front.
Shower Room
Double glazed window to rear, shielded shower cubicle, low flush wc, wash hand basin with mixer tap and cupboard below heated towel rail, tiled walls.
More information
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