Under the Property Misdescription Act 1991 we endeavour to make our sales details accurate and reliable but they should not be relied upon as statements or representations of fact and they do not constitute any part of an offer of contract. The seller does not make any representations to give any warranty in relation to the property and we have no authority to do so on behalf of the seller. Services, fittings and equipment referred to in the sales details have not been tested (unless otherwise stated) and no warranty can be given as to their condition. We strongly recommend that all the information which we provide about the property is verified by yourself or your advisers. Under the Estate Agency Act 1991 you will be required to give us financial information in order to verify you financial position before we can recommend any offer to the vendor.
Situated on the edge of the much sought after Walthamstow Village, Nationwide Residential & Commercial are delighted to offer this 2 storey mixed use investment producing £43,200 pa– Freehold
Location
The property is located within an established parade along the A112 Hoe Street and on the edge of the much sought after Walthamstow Village.
Walthamstow Central mainline station is within easy reach as are local amenities.
Accommodation
Comprising a terraced 2 storey building with a shop on the ground floor with a yard and a flat on the first floor.
The shop and yard are currently let on a FR&I lease for a term of 10 years from 2018 this having approximately 6 years unexpired term. The current rent is £21,600 pax.
The flat is let on an AST and currently producing £1,800 per calendar month.
Approximate dimensions and floor areas for the shop are as follows:
Shop width (maximum) 4.957 m
Shop Depth (maximum) 25.318 m
Total 119.19 m²
Rear yard 47.18 m²
Tenure
Freehold
Price
£895,000, subject to contract.
Legal Costs
Each party to pay their own fees. However, the seller will require an undertaking for the proposed buyer to pay their reasonable abortive legal fees should the proposed buyer decide not to proceed.
Viewing
Strictly by prior arrangement via the sellers sole agent Nationwide Residential & Commercial on 020 3096 1496.
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