£650,000

Retail premises for sale

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Freehold

£650,000

Retail premises for sale

Porters Avenue, Becontree, Dagenham RM8

Available 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.

Features and description

  • Freehold
  • Freehold investment
  • Mixed parade
  • Shop with rear access
  • Split level flat above
  • Four bedrooms
  • Currently producing £34,828 pa
Description

With a passing rent of £34,828 producing a yield of 5.4% at asking 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.

There are some planning applications within 0.5 miles of this home

Blurred out There are some planning applications within 0.5 miles of this home information

Assess how they might enhance or detract from this home’s value.

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Delaney's. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Delaney's for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Essex
  4. East London
  5. Barking and Dagenham (London Borough)
  6. Dagenham
  7. Becontree
  8. Porters Avenue

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