£500,000

Retail premises for sale

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Just added

Offers over

£500,000

(£33,333.33/sq. ft)

Retail premises for sale

Green Lane, Dagenham RM8

1,532 sq. ft

Local area information

Property location

Nearby amenities

  • St Vincent's Catholic Primary School 0.1 miles
  • Mayfield School 0.2 miles
  • Chadwell Heath 0.5 miles
  • Goodmayes 0.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Owner occupier opportunity
  • Asset maximisation angle
Location

Situated on an established secondary retail parade, adjacent to both Paddy Power (796 gl) and Greggs (792) Green Lane. Goodmayes Train Station (Elizabeth Line) is 0.7 miles from the site, and Chadwell Heath Train Station (Elizabeth Line) is 0.8 miles from the site, both providing regular service into Central London. There are also excellent road links to the A12, M11 and M25.
Accommodation

Comprising vacant ground floor commercial premises with surplus rear yard and self-contained 2 bedroom split-level maisonette above.
Lease terms

The commercial premises will be vacant at the point of sale but is also offered 'To Let' by virtue of a new Full Repairing and Insuring (Fri) lease for a term to be agreed - refer to 'Rent' below.

The residential upper parts are let on an expired Assured Shorthold Tenancy (AST) agreement at a rental of £1,000.00 pcm i.e £12,000.00 p.a. We consider this to be significantly underrented.

More information

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  1. Zoopla
  2. Commercial for sale
  3. Essex
  4. East London
  5. Havering (London Borough)
  6. Dagenham
  7. Green Lane