1067 & 1073 High Road, Chadwell Heath, Essex, RM6 4AU
FREEHOLD COMMERCIAL/RESIDENTIAL INVESTMENT
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.
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.
Shop: On application & Flat: D
There may be potential for an extra floor subject to all necessary consents.
IN SAME FAMILY OWNERSHIP FOR OVER 50 YEARS
There are NEW special conditions as the arrears schedule has been removed.
Brian Thomas Estate Agents Tel: 020 8590 3553 Ref: Paul Wallace