The property is offered For Sale on a long leasehold retail investment with approximately 978 years left, with a passing rent of £15,000 p.a.x.
The shop is let to an estate agent with an FRI lease (within the provisions of the landlord and tenant act 1954) which is due to expire on 30th January 2026 with an upwards only rent review taking place at the 5th year (29th January 2031).
The shop comprises of a ground floor lock up shop with a retail area of 569 sqft (52.89 sqm) plus ancillary of 252 sqft (23.42 sqm). The property benefits from a suspended ceiling, carpeting, kitchen, W.C. and communal parking.
( Agency Pilot Software Ref: 697 )
6 Tudor Parade, High Road, Chadwell Heath, Chadwell Heath, RM6 6PSGBBarking and Dagenham, RomfordEssexRM6 6PS3, High Road