Offers over
£500,000
(£33,333.33/sq. ft)
Retail premises for saleGreen Lane, Dagenham RM8
1,532 sq. ft
About this property
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.
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.
.png){kind=logo}