629 &, 629 A,B & D High Road, Ilford, Essex, IG3 8RA
Property Description
The property comprises a freehold retail unit on the ground floor, two one bedroom flats on the first and second floors and a food preparation unit in the basement. Access to the flats and the basement unit is via the rear of the property. The properties are situated directly opposite Seven Kings Mainline Station (Elizabeth Line).
(Areas for guidance only)
Whilst Strettons have not internally inspected the property we understand it to comprise:
Ground Floor Retail Unit: Kuku's retail unit, sales area, kitchen and toliet
First Floor: One bedroom with en-suite shower/toilet, living room and kitchen 538 Sq Ft (50 Sqm)
Second Floor:One bedroom with en-suite shower/toilet, living room and kitchen 592 Sq Ft (55 Sqm)
Basement Floor: Kitchen/preparation area
Ground Floor Retail Unit 629 : Let to individual t/a Kuku's (Peri Peri Takeaway) on lease producing £23,400pa expiry 16.07.2045
First Floor Flat 629A: Let to individual on an AST producing £14,400pa expiry 03.02.2026
Second Floor Flat 629D: Let to individual on an AST producing £16,200pa expiry 03.02.2026
Basement 629B: Let to individual on a lease producing £16,800pa expiry 11.11.2029
PRODUCING £70,800 PER ANNUM
1. AST stands for Assured Shorthold Tenancy.
Auction Surveyor : Rob Hills Tel : 020 7614 9933
The freehold for 631 High Road is being included within Lot 19 although it is of course subject to a 999-year lease with zero income.
For Flat 629D a new Assured Shorthold Tenancy (AST) expiring 16.10.26, and is now paying £17,100pa
Revised ren t total is - £71,700 per annum
Completion will be 30 business days and not as shown in the Specials.
* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #16] Note that in addition to the purchase price there is a buyer’s administration fee [section #11] and there may be additional non-optional fixed or variable fees and costs [section #12]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.
