Property photos
Offers in region of
£800,000
(£320.00/sq. ft)
Retail premises for sale
Mulberry Way, London E18Local area information
Property location
Nearby amenities
- Oakdale Infants' School 0.1 miles
- Oakdale Junior School 0.1 miles
- South Woodford 0.1 miles
- Snaresbrook 0.9 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for South Woodford, Woodford and Snaresbrook to find out more about the local area.
Features and description
- Freehold for sale
- Opposite south woodford station
- Fully rented
- Rare availability
- Exciting investment to own
- Fantastic location
Situated in a suburban area within the London Borough of Redbridge on the southside of Mulberry Way (B168), close to the junction of George Lane & close to South Woodford Underground Station on the Central Line, providing convenient access to central London. The area is known for its mix of residential and commercial spaces, including shops, cafes, and local businesses along George Lane and around the station area. At the end of Mulberry Way there is C
Convenient access to A406 which links to the M11 & M25 motorways.
Description:
Comprising a retail unit on the ground floor and basement commercial areas together with a 3-bed maisonette accessed from the rear via a private walkway
Tenure: Freehold subject to existing tenancies
Tenancy information:
7 Mulberry Way, E18
Hexagon Plumbing & Electrical Ltd
Ground - 79.5 m2
Basement - 9.9 m2
10 Year Fri from 1st April 2023
£22,000 pax Rent review Apr-28
1st & 2nd Floor
7a Mulberry Way E18
Mr. Iqrar Khan of Orbital Homes Ltd
Self-Contained 3 bed maisonette
AST July 2023
£30,000 pax (£2500 pcm)
Total Combined rental income - £52,000 pax
Price
Offers sought in the region of £800,000, subject to contract and existing tenancies as above for the freehold interest. A purchase at this level will equate to a net investment yield of 6.24% and a gross investment of 6.5%
VAT:
The property is not elected for VAT
Floor plans and tours
Floor plans (1)
1 floor plan available
View the floor plan to understand the space and layout of this property.
More information
Listed by
Countrywide Commercial
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