From
£1,250,000
(£304.43/sq. ft)
Retail premises for sale395, 397 & 397A Eastern Avenue, Gants Hill IG2
4,106 sq. ft
EPC Rating: F
Freehold
About this property
Virtual Freehold / Long Leasehold of 999 years from 2013
Part let to estate agent on 20 year lease, producing £33,000pax, and subject to 5 yearly upward only reviews
Long lease includes demised rear car parking spaces
Extensive frontage on A12
Good decorative order throughout
1 minute walk away from Gants Hill (Central Line) Station
Estimated Rates Payable: £22616.25
Description
Two adjoining commercial units, offered part vacant part let and income producing, suited to both occupier purchasers and investors alike. The space comprises two demises of mostly open plan accommodate, plus a rear car park. The units are in good repairing condition, with the vacant space ready for occupation. 397a is let on a 20 year lease (with tenant break option at the end of year 3), inside the act, at a sum of £33,000pax and subject to 5 year upward only reviews. To the rear of the units, there is a secure gated car park.
Location
Located in a prominent position, within short walk of Gants Hill roundabout & Central Line Tube. This connection provides frequent Central Line services to Stratford (12 mins), Liverpool Street and the West End. Gants Hill Roundabout give convenient access to the A12 and A406 North Circular Road, connecting East London and Essex with North London and Hertfordshire. The immediate are is a recognised commercial district with notable occupiers including Sainsburys Local, Pizza Go Go, Domino's and Tesco Express.
Two adjoining commercial units, offered part vacant part let and income producing, suited to both occupier purchasers and investors alike. The space comprises two demises of mostly open plan accommodate, plus a rear car park. The units are in good repairing condition, with the vacant space ready for occupation. 397a is let on a 20 year lease (with tenant break option at the end of year 3), inside the act, at a sum of £33,000pax and subject to 5 year upward only reviews. To the rear of the units, there is a secure gated car park.
Location
Located in a prominent position, within short walk of Gants Hill roundabout & Central Line Tube. This connection provides frequent Central Line services to Stratford (12 mins), Liverpool Street and the West End. Gants Hill Roundabout give convenient access to the A12 and A406 North Circular Road, connecting East London and Essex with North London and Hertfordshire. The immediate are is a recognised commercial district with notable occupiers including Sainsburys Local, Pizza Go Go, Domino's and Tesco Express.
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