Auction House London

Lot 21

Commercial Property - Commercial Property 

325 Lea Bridge Road

Leyton, London, E10 7LA

Sold for £160,000.

A Ground Floor Commercial Investment Producing £9,000 per annum and A Ground Floor Studio Flat Subject to an Assured Shorthold Tenancy Producing £6,600 per annum.

Description

Tenure

Freehold

Location

Lea Bridge Road is an established parade in the east London area of Leyton. The open spaces of Lee Valley Park and hackney Marshes are within easy reach. Transport links are provided by Leyton Midland Road rail station and Leyton Midland underground station.

Description (2nd Column)

The property comprises a ground floor lock up shop together with a ground floor self contained studio flat to the rear situated within a mid terrace building arranged over ground and two upper floors.

Bold Black Text

Current Rent Reserved £15,600 per annum

Accommodation & Tenancy Schedule

Property Floor Accommodation Tenancy Details Current Annual Rent
Shop Ground Shop area Let on a 3 year Lease from 16 December 2013 at a rent of £2,250 quarterly £9,000
Studio Ground Studio Flat Let on an 12 month AST from 12/12/2011 at a rent of £550 pcm £6,600

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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