Auction House London

Lot 5

 

124 Katherine Road

East Ham, London, E6 1ER

£400,000+

Guide Price

A Freehold Commercial And Residential Investment Producing £27,900 per annum

Description

Tenure

Freehold

Location

The property is situated within an established secondary parade in the regeneration area of East Ham. Nearby multiples include Ladbrokes Plc and numerous established local traders. Transport links are provided by East Ham underground (District Line) and Upton Park (District and Hammersmith and City line)

Exterior

The property benefits from a rear garden.

Description (2nd Column)

The property comprises a ground floor shop with a three bedroom maisonette above situated within a mid terrace building arranged over ground two upper floors.

Viewing Details

Monday 24th August 13:30-14:00
Wednesday 26th August 13:30-14:00
Wednesday 2nd September 13:30-14:00

Accommodation & Tenancy Schedule

Floor Accommodation Tenancy Current
Annual Rent
Ground Shop Area Let on a 3 year FRI lease at a rent of £1,100 pcm from January 2015 £13,200
First & Second Reception Room, Three Bedrooms, Kitchen, Bathroom with WC & wash basin Let on a two year tenancy at a rent of £1,225 pcm commencing in July 2014 £14,700

Additional Fees

Administration charge: £1,200 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

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For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007

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