Retail premises for sale in Porters Avenue, Becontree, Dagenham RM8

Offers over £600,000
Interested in this property? Call +44 1708 954984 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Retail premises for sale

Property features

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

Property description

Description

With a passing rent of £34,828 producing a yield of 5.8% 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.

Property info

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For more information about this property, please contact
Delaney's, RM3 on +44 1708 954984 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Delaney's, and do not constitute property particulars. Please contact Delaney's 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.

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