Restaurant/cafe for sale in Roneo Corner, Hornchurch RM12
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Property features
- Freehold for sale
- Income producing
- £24,000 pax for entire property
- Scope to increase rent
Property description
Roneo Corner is a bustling and well-known intersection situated in the heart of Hornchurch. Positioned amongst a mix of commercial and residential properties. The area is characterised by a variety of shops, restaurants, cafes, and local businesses. Roneo Corner's location makes it easily accessible by both car and public transportation, which adds to its convenience. The intersection connects several important roads, making it a key transportation hub within the town.
Description:
The premises comprise of a ground floor shop trading as a Café together with a self-contained 2 Bedroom Flat, sold with the tenant to remain and as an investment.
Size and Dimensions:
Café
Customer Seating area 521.94 sq. Ft 48.49 m2
L- shaped Kitchen 217.18 sq. Ft 20.18 m2
Rear Covered Store 300.74 sq. Ft 27.94 m2
Customer WC’s 72.12 sq. Ft 6.7 m2
2 Bed Flat
Lounge, Kitchen, Bathroom, Lounge, Bedroom 1, Bedroom 2
Tenure: Freehold
Tenant information:
The shop is held on a lease for a term expiring in April 2040, with periodic rent reviews in 31st Jan 2024,31st Jan 2028 & 31st 2032, paying a rent of £21,000 pax
Price: Offers are sought in the region of £365,000 subject to contract.
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Countrywide Commercial, IG8 on +44 20 3641 1628 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Countrywide Commercial, and do not constitute property particulars. Please contact Countrywide Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.