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Upminster Road, Hornchurch
£600,000
 
 
     
    An opportunity to purchase the freehold of this shop and maisonette located in a prominent position on the main road between Hornchurch and Upminster town centres and just a few steps away from Upminster Bridge district line station.
    The current tenant in the shop runs a dry cleaning business with use of the front forecourt for parking and the maisonette above is nicely presented with two bedrooms, lounge, kitchen and bathroom/wc.
    With a current passing rent of £34320 the new owner would benefit from an instant income yielding 5.72% at the asking price.
    There is also a large garage to rear that is currently let to a tenant in the car/mechanics trade that is available by separate negotiation.
    The A127, A12, M25, Lakeside and the Dartford crossing are all within a 10 mile radius.

    Tenure: Freehold
    Reference: CS0063
    An opportunity to purchase the freehold to this shop with two bedroom maisonette above with a passing rent of 34,320 providing a yield of 5.72% at the asking price. The property is located in a prominent position on the main road between Upminster and Hornchurch town centres.

    Features

    • FREEHOLD SHOP & MAISONETTE
    • INVESTMENT OPPORTUNITY
    • TWO BEDROOMS
    • CURRENT PASSING RENT OF £34,320
    • MAIN ROAD POSITION
    • CLOSE TO UPMINSTER BRIDGE STATION

    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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    62,73

    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.