Status: Available
Request Viewing
Download Full Details
Email Friend or
Contact London Office quoting Ref: 3962
Freehold Investment property for sale in Romford Road, Manor Park, E12 The building is situated on the busy Romford Road. and just a few minutes walk away from the train station of Manor Park, also Stratford and Ilford are just a short distance away
This property has recently being refurbished and is an ideal investment opportunity..
The building consists of a ground floor A1 / A3 unit, It includes a large seating area, storage facilities, a separate shower room, a basement storage as well as rear kitchen. At the back of the building you will find a large rear garden.
The first floor offers a spacious one bedroom flat with the opportunity to convert into a two bedroom flat. It has also been newly refurbished and includes gas central heating, double glazed windows, a combination boiler, a fitted kitchen, as well as ample storage.
The sizes of the different floors are approximately
Basement: 400 sq ft
Ground Floor (actual restaurant): 1380 sq ft
Garden: 1055 sq ft
First Floor: 700 sq ft
The shop is let on a FRI lease for 8 years, for £18,000 per annum
The first floor one bedroom apartment will generate a rental income of £11,400 per annum, however it is large enough to be converted into a two bed and generate £14,400 per annum
Tenure: Freehold
EPC: Provided upon request
VAT : We have been informed VAT is not applicable
Viewing: strictly by prior arrangement with Agents Next Property
Notice: All photographs are provided for guidance only.