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Porters Avenue, Dagenham
Offers Over £600,000
 
 
     
    With a passing rent of £34,828 producing a yield of 5.8% at asking price, you can purchase the freehold to this 538 sq ft shop with 1270 sq ft split level flat above.
    The property is located in a mixed parade near the junction of Wood Lane (A124) with the current tenant in the shop operating as a convenience store with approx. 15 years lease and the maisonette let on an Assured Shorthold Tenancy.
    The shop has it's own wc, store room with kitchen area and access from rear for loading.
    The flat offers four bedrooms, lounge, kitchen/diner, shower room/wc and is approached from rear.
    Due to the lack of freeholds currently coming to the market we anticipate a good response to this property so don't delay and call Julian in our commercial department today!

    Tenure: Freehold
    Reference: CS0041
    Calling all INVESTORS. Producing a YIELD of 5.8% at asking price, you can purchase the FREEHOLD to this shop with split level FOUR BEDROOM flat above with a passing rent of £34,828. Viewings strictly by appointment only.

    Features

    • FREEHOLD INVESTMENT
    • MIXED PARADE
    • SHOP WITH REAR ACCESS
    • SPLIT LEVEL FLAT ABOVE
    • FOUR BEDROOMS
    • CURRENTLY PRODUCING £34,828 PA

    Arrange a Viewing

    To arrange a viewing for this property, please call us on 01708 922 383, or complete the form below and we will be in contact:

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    64,70

    Disclaimer

    These particulars are intended to give a fair description of the property but their accuracy cannot be guaranteed, and they do not constitute an offer of contract. Intending purchasers/tenants must rely on their own inspection of the property. None of the above appliances/services have been tested by ourselves. We recommend purchasers/tenants arrange for a qualified person to check all appliances/services before legal commitment.

     

    We refer sellers to Palmers Solicitors, Lifetime Legal Ltd, Premier Property Lawyers and MyHomeMove Ltd. It is your decision whether you choose to deal with any of these companies. Should you decide to use an of the companies listed you should know that we would receive a referral fee from them of between £100 and £300 per transaction for recommending you to them.

     

    We routinely refer all potential purchasers and vendors to Integra Finance Limited. It is your decision whether you choose to deal with Integra Finance Limited. In making that decision, you should know that we receive benefits from them worth between £10 and £1000 per transaction.