Property photos
£575,000
(£350.00/sq. ft)
Retail premises for sale
Chigwell Road, Woodford Green IG8Local area information
Property location
Nearby amenities
- Roding Primary School 0.2 miles
- Ray Lodge Primary School 0.4 miles
- Woodford 0.8 miles
- Roding Valley 0.9 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Woodford to find out more about the local area.
Features and description
- Mixed Use Investment for Sale
- VAT Free
- Good Yield
- Parking at front for 2 cars
- Self Contained 2 Bed flat above with rear access
- Property not opted for tax
The Property comprises a ground floor dry cleaning shop with a self-contained flat on the first and second floors, with rear access. There is parking at the front of the shop which can accommodate two cars.
Shop - The vendor will top up the rent from £19,500 per annum to £21,000 per annum up to 28 September 2030, so the buyer will receive a rent of £21,000 per annum from the shop from completion.
Flat - We believe the flat is underlet and a rent of £1,700 per calendar month is achievable, i.e. £20,400 per annum.
Subject to the above being achieved, this would show a combined income of £41,400 per annum.
The property is not opted for tax.
Floor plans and tours
Floor plans (2)
2 floor plans available
View the floor plans to understand the space and layout of this property.
More information
Listed by
MURRAY COMMERCIAL LIMITED
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