LOT 33

1067 & 1073 High Road, Chadwell Heath, Essex, RM6 4AU

FREEHOLD COMMERCIAL/RESIDENTIAL INVESTMENT

Guide price: £290,000 - £300,000*

Auction Date

Monday, 8th October 2018 11:00am

A terraced two storey property comprising a shop (inter-communicating with No. 1069) and separate rear access to a first floor self-contained flat. There is a right of way over Aston Mews to the back of the shop. On the north side of the High Road (A118) forming part of a local parade. Chadwell Heath mainline station, which is being upgraded as part of Crossrail (Elizabeth line), is within ½ mile. Chadwell Heath has good road links via the A12 to the north which links with the North Circular Road (A406) and M25.

Accommodation

Ground Floor Shop (1067): 950 sq ft (88 sq m) plus WC
Let on a Law Society Business Lease to Crystal Furniture & Flooring Ltd (with guarantor) for 7 years from 08.01.2010, extended to expire on 06.01.2019 at £9,500 p.a.
First Floor Flat (1073): 3 rooms, kitchen, bathroom, sep. WC
Let on an AST expiring 28.11.2018 at £875 pcm.

EQUIVALENT TO £20,000 p.a.

EPC Rating

Shop: On application & Flat: D

Note

There may be potential for an extra floor subject to all necessary consents.

IN SAME FAMILY OWNERSHIP FOR OVER 50 YEARS

Status

Sold for £382,000

Addendum

There are NEW special conditions as the arrears schedule has been removed.

Joint Auctioneer

Brian Thomas Estate Agents

Brian Thomas Estate Agents Tel: 020 8590 3553 Ref: Paul Wallace

* 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.