80 & 80A Rainham Road, Rainham, Essex, RM13 7RL
Result: Sold for £290,000 Guide price: £275,000 plus*
Wednesday, 6th February 2019 11:00am
Location & Description
A mid terraced two storey property comprising a shop, yard and self-contained flat with own street entrance. In a mixed parade of shops on the north side of Rainham Road (A125) at the junction with Cherry Tree Lane and South End Road, opposite Tesco Express and KFC.
Rainham mainline station is just under a mile away.
Ground Floor Shop:
Let on a repairing & insuring lease to Ladbrokes Betting and Gaming Limited for 15 years from 14.07.2006 at a rent of £9,000 p.a.
2 rooms, kitchen, bathroom/WC - VACANT
EQUIVALENT TO £9,000 p.a. PLUS VACANT FLAT
Flat: F, Shop: C
A deed of variation will be completed to release the upper part of the building from the current Commercial Leasehold Title. If this is not completed within 6 weeks of the date of the Auction then the seller will rescind the contract and the deposit will be refunded and there would no action or consequences on either party
Falconer and Co Tel: 020 8472 2870