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Residential properties for auction in Forest Gate, London

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THE OLD DEFENSIBLE BARRACKS PEMBROKE DOCK, SOUTH WEST WALES

Auction Date: 21st - 22nd November

Guide Price: £850,000 +

•Grade II* Listed Building
•Approx. GIA floor area 45,000 ft.²
•Guide price devalues to less than £20 ft.²
•Approx. site area 4.45 acres
•Renovation work to East Wing mostly completed
•Five existing 1 & 2 bed apartments
•Development opportunity (STP)
•Suitable for a variety of uses (STP)
•Located close to Pembrokeshire Coast National Park
** UNSOLD – AVAILABLE AT £130,000 **

LOCATION & DESCRIPTION
A self-contained basement flat on the west side of Wellington Road at its corner with Waterloo Road facing The Odessa Road open space (park). Both Forest Gate and Wanstead Park mainline stations are within ½ mile and shopping facilities can be found along Woodgrange Road and further afield at Westfield Stratford.

ACCOMMODATION
Bedroom, kitchen/reception room, bathroom/WC

LEASE DETAILS
Approximately 988 years remaining

OFFERED VACANT FOR IMPROVEMENT

EPC RATING
D
79a, Wellington Road, London, E7 9BT
Long leasehold vacant basement flat for improvement
Type: Flat, Residential
Location: 79a Wellington Road, E7 9BT
Images: 2
Brochures: 1
View Property
** AVAILABLE - REFER TO AUCTIONEER **

LOCATION & DESCRIPTION
A large terraced double shop unit and small basement with 3 self-contained flats on the east side of the busy Woodgrange Road close to Sebert Road and Forest Lane. Nearby occupiers include Tesco Express, Poundland, Iceland and (in Romford Road) Barclays Bank. Wanstead Park overground station and Forest Gate mainline station (Crossrail/Elizabeth line in 2019) are within a short walk.

ACCOMMODATION
Ground Floor Double Shop: 2,525 sq ft (234.7 sq m)
Basement
Subject to a repairing and insuring lease to Polonez Ltd (t/a a Polish Delicatessen) for 10 years from 12.01.2016 (with rent review and break clause 12.01.2021 and outside s24-28 of the Landlord & Tenant Act 1954) at £40,000 p.a.
86a & 88a: 2 flats each comprising 4 rooms, kitchen, bathroom/WC
86a let on AST for 12 months from 24.04.18 at £1,386.66 pcm
88a let on AST for 12 months from 14.10.17 at £1,430 pcm
86b: Split level flat (with planning permission) comprising 3 rooms (1 with kitchen area) shower/WC
Let on AST for 12 months from 02.02.18 at £1,000 pcm
Communal roof terrace

EQUIVALENT TO £85,799.92 p.a.

PROPERTY FEATURES
Freehold
Double Shop & 3 Flats
Equivalent to Approximately £86,000 p.a.
Flats 86a, 88a & 86b: All E and Shop 86-88: C

ADDENDUM
The property is in a conservation area.
86-88, Woodgrange Road, London, E7 0EW
SUBSTANTIAL FREEHOLD COMMERCIAL INVESTMENT PLUS 3 FLATS LET ON ASTS
Type: Flat, General Retail, Residential, Retail
Location: 86-88 Woodgrange Road, E7 0EW
Images: 1
Brochures: 1
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