Commercial property for sale in Barking Road, London E6
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Property features
- Freehold two storey terraced building
- Rear single storey store building
- Development potential subject to consents
- Next to a recently completed residential development
- Benefits from a right of way to the rear from High Street North
- Entire building let at £18,000 per annum
- Two outstanding rent reviews
- Asset management opportunities
Property description
Strapline
Auction Sale - 02/07/2024
Freehold two storey terraced building arranged as a ground floor retail unit with residential upper parts. Development potential subject to the necessary consents. Currently let at £18,000 per annum.
Location
The property is situated to the north side of Barking Road, very close to its junction with High Street.
This is a busy area significant vehicular and pedestrian passing trade.
Other nearby occupiers include Lloyds Bank, Cost Cutter Supermarket and Betfred, together with many other local shops and restaurants.
East Ham Station is located an approx. 0.5 miles from the property
Transport
East Ham Station - Underground and over ground services
Tenancy
Let to an individual on a 15 year lease from 8th March 2011
Accommodation
Ground floor shop - 613.55 sq. Ft. (56.9 sq m)
Flat above shop - 272.11 sq. Ft. (25.27 sq m)
Storeroom - 351.27 sq. Ft (32.63 sq m)
Room above storeroom - 268.03 sq. Ft (24.89 sq m)
W/c block - 49.54 sq. Ft (4.6 sq m)
Planning
A planning pre-app is available within the legal pack. This supported redevelopment with commercial on the ground floor and residential on upper floors. Interested parties should rely on their own enquiries in this regard.
For more information about this property, please contact
Savills - National Auctions, W1G on +44 20 8022 4160 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Savills - National Auctions, and do not constitute property particulars. Please contact Savills - National Auctions for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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