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Dagenham Road, Dagenham
£425,000
 
 
     
    With a passing rent of £22,200 producing a yield of 5.22% at the asking price, you can purchase the freehold to this shop/office with three bedroom flat above that will benefit from a rent increase at the next rent review in September.
    The property is located in a small parade near the junction of Rainham Road South (A1112) with the current tenant in the shop operating as an import/export company .
    The shop has a reception, office, covered sideway with wc and door to the rear garden and the kitchen area gives access to the flat which offers three bedrooms and a bathroom/wc.
    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: CS0068
    Calling all INVESTORS. Producing a YIELD of 5.22% at the asking price, you can purchase the FREEHOLD to this shop/office with THREE BEDROOM flat above with a current passing rent of £22,200 that will increase at the next rent review in September. Viewings strictly by appointment only.

    Features

    • FREEHOLD INVESTMENT
    • PROMINENT POSITION
    • SHOP/OFFICE
    • THREE BEDROOM FLAT ABOVE
    • FORECOURT & REAR GARDEN
    • 5.22% YIELD AT ASKING PRICE

    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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    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.