Lot 20
148 Balgores Lane
Gidea Park, Romford, Essex, RM2 6BP
Sold Post
A Freehold Commercial & Ground Rent Investment Producing £20,600 per annum
Description
The property comprises a ground floor shop with two self-contained flats above (both sold off) situated within a terraced building arranged over ground and two upper floors.
Location
The property is situated on an established corner parade primarily occupied by local traders servicing the local residents in a prominent part of Romford. The open spaces of Gidea Park are within easy reach. Transport links are provided by Gidea Park rail station, which is soon to be served by Crossrail.
VAT
VAT is not applicable
Tenure (2nd Column)
Freehold
Accommodation (2nd Column)
Ground Floor
Shop Area
Office
Two Further Preparation/Stock Areas
Kitchen
Separate WC with wash basin
Shop Area
Office
Two Further Preparation/Stock Areas
Kitchen
Separate WC with wash basin
Note (2nd Column)
The property has not been internally inspected.
Viewing Details
Tuesday 31st March 12:00-12:30
Tuesday 7th April 12:00-12:30
Tuesday 14th April 12:00-12:30
Tuesday 7th April 12:00-12:30
Tuesday 14th April 12:00-12:30
| Column 1 | Column 2 | Column 3 |
|---|---|---|
| Property | Lease | Annual Rent |
| Commercial | 10 year FRI Lease from 19th September 2007 | £20,000 per annum |
| Flat A | 125 years from 30/04/2014 | £300 per annum |
| Flat B | 125 years from 30/04/2014 | £300 per annum |
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.
View Details as PDFEnquire Now
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 or email us at info@auctionhouselondon.co.uk
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