Auction House London

Lot 79

 

2-4 Beehive Lane

Ilford, Essex, IG1 3RD

£100,000+

Guide Price

A Commercial Investment Understood to be Producing £12,000 per annum

By Order of the LPA Receivers

Description

The property comprises a ground floor shop situated within a terraced building arranged over ground and first floors.

Tenure

Leasehold

Location

The property is situated on an established parade in the heart of Ilford predominantly occupied by local traders. The open spaces of Valentines Park are very close by. Transport links are provided by Gants Hill underground station (Central line)

Tenancy

We have not had sight of the tenancy at the time of going to print but we understand that the property is currently let at £1,000 pcm

Accommodation (2nd Column)

The property has not been internally inspected. We understand the property provides the following accommodation:
Ground Floor Shop Area
Kitchen
Separate WC with wash basin

Viewing Details

Withdrawn

Bold Black Text

Current Rent Reserved £12,000 per annum

Addendum

As per the Special Conditions of Sale, we are offering the freehold interest in the building (title number EGL44872) and not as stated in the catalogue. The first floor flat has been sold off on a 125 year lease from 16th September 2005.
Sold Prior

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 or email us at info@auctionhouselondon.co.uk

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