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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