Azure Court, 1149A High Road, Chadwell Heath, Essex, RM6 4AT
Property Description
A detached, modern purpose-built block comprising a shop and 15 self-contained flats with rear car park. On the north side of the High Road (A118), near to the junction with Station Road and within ¼ mile of Chadwell Heath station (Elizabeth line). Chadwell Heath has good road access via the A12 and lies about 2½ miles west of Romford town centre.
Shop: 125 years from 2018 at a peppercorn.
12 Flats: Each 125 years from 2018 at a current ground rent of £250 p.a. doubling every 25 years.
3 Flats: Each 125 years from 2019 at a current ground rent of £250 p.a. doubling every 25 years.
PRODUCING £3,750 P.A.
1. The Landlord manages and insures.
Auction Surveyor: Robert Woolfe
Contact: 020 8509 4408 robert.woolfe@strettons.co.uk
The term of the shop lease is 125 years from 2018 at a peppercorn.
* 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.
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