£425,000
Retail premises for saleDagenham Road, Dagenham RM10
Available immediately
Freehold
About this property
Freehold investment
Prominent position
Shop/office
Three bedroom flat above
Forecourt & rear garden
5.22% yield at asking price
Description
With a passing rent of £22,200 producing a yield of 5.22% at the asking price, you can purchase the freehold to this shop/office with three bedroom flat above that will benefit from a rent increase at the next rent review in September.
The property is located in a small parade near the junction of Rainham Road South (A1112) with the current tenant in the shop operating as an import/export company .
The shop has a reception, office, covered sideway with wc and door to the rear garden and the kitchen area gives access to the flat which offers three bedrooms and a bathroom/wc.
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
Front Forecourt
Hardstanding.
Entrance
Door and window to:
Reception Room
14ft 4 x 4ft 8
Borrowed light window to:
Office
19ft 2 x 10ft 2
Air conditioning unit.
Hall
Door to covered sideway with wc and door to rear.
Access to:
Kitchen
12ft x 8ft 4
Windows to sideway, sink unit with mixer tap and cupboard below, storage cupboards, access to first floor.
Landing
Radiator, doors to:
Bedroom 1
14ft 6 x 13ft
Double glazed square bay window to front, radiator.
Bedroom 2
12ft 10 x 8ft 4
Double glazed window to rear, radiator.
Bedroom 3
8ft 6 x 8ft 4
Double glazed window to rear, radiator.
Bathroom/WC
Opaque window to flank, panelled bath with mixer tap and shower attachment, wash hand basin, low flush wc, radiator, part tiled walls.
Garden
Mainly concreted.
With a passing rent of £22,200 producing a yield of 5.22% at the asking price, you can purchase the freehold to this shop/office with three bedroom flat above that will benefit from a rent increase at the next rent review in September.
The property is located in a small parade near the junction of Rainham Road South (A1112) with the current tenant in the shop operating as an import/export company .
The shop has a reception, office, covered sideway with wc and door to the rear garden and the kitchen area gives access to the flat which offers three bedrooms and a bathroom/wc.
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
Front Forecourt
Hardstanding.
Entrance
Door and window to:
Reception Room
14ft 4 x 4ft 8
Borrowed light window to:
Office
19ft 2 x 10ft 2
Air conditioning unit.
Hall
Door to covered sideway with wc and door to rear.
Access to:
Kitchen
12ft x 8ft 4
Windows to sideway, sink unit with mixer tap and cupboard below, storage cupboards, access to first floor.
Landing
Radiator, doors to:
Bedroom 1
14ft 6 x 13ft
Double glazed square bay window to front, radiator.
Bedroom 2
12ft 10 x 8ft 4
Double glazed window to rear, radiator.
Bedroom 3
8ft 6 x 8ft 4
Double glazed window to rear, radiator.
Bathroom/WC
Opaque window to flank, panelled bath with mixer tap and shower attachment, wash hand basin, low flush wc, radiator, part tiled walls.
Garden
Mainly concreted.
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