LOT 43

281 Barking Road, Plaistow, E13 8EQ

Guide price: £225,000 - £235,000*

Auction Date

Monday, 10th October 2016 11:00am

Location & Description

A three storey end of terrace property comprising an estate agents, mini-cab office and two flats. Located on the north side of Barking Road (A124) at the corner with Croydon Road between Hermit Road and Balaam Street, just north of Newham Way (A13) and within ½ mile of Canning Town Station (DLR).


281 Ground Floor: Let on a repairing and insuring lease to M Jahagir for 6 years from 01.08.2011 at £8,000 p.a.
281A Ground Floor: Let on a repairing and insuring lease to Spicer Haart Estate Agents Limited for 5 years from 01.01.2014 at £9,000 p.a.
281B First Floor: Sold on a 189 year lease from 29.09.1986 at a peppercorn ground rent.
281C Second Floor: Sold on a 99 year lease from 05.05.1987 (thus having 70 years unexpired) at £50 p.a.


The 2014 rent review for the mini cab office is outstanding.

EQUIVALENT TO £17,050 p.a.

EPC Rating

On application


Sold for £245,500.


There are NEW special conditions as the car wash part of the property is not included in the sale.

* 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 #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.