LOT 25

27 Skeltons Lane, Leyton, E10 5BX

FREEHOLD COMMERCIAL INVESTMENT
Guide price: £80,000 - £90,000*

Auction Date

Tuesday, 22nd May 2018 11:00am

Location & Description

A collection of single storey buildings making up a small industrial property. Located within an established industrial estate off Skeltons Lane, a residential side street off High Road, Leyton.
The area has good links to the A12, the A406 (North Circular Road) and M11.
Leyton Midland mainline station is approximately 200 metres to the south.

ACCOMMODATION (Not inspected)

Workshop Area: 1,205 sq ft (112 sq m)

The property is let on repairing and insuring terms to J.E. & C. Young (t/a Urban Sprawl) for 5 years from August 2014 at a current rent of £8,800 p.a.

EQUIVALENT TO £8,800 p.a. WITH REVERSION IN AUGUST 2019

EPC Rating

E

Status

Sold for £183,000

Addendum

The AST erroneously referred to in clause 11.2 of the Transfer can be ignored.

* 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.