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0208 221 9610
0208 221 9610
| Property Type | Retail, Investment |
| Availability | For Sale |
| Size | 1,508.14 sq ft |
| Price | Offers invited in excess £375,000 subject to contract and existing tenancy as above, for the freehold interest in the property. |
| Business Rates | Rateable value of £9,256. We believe this will benefit from exemption of business rates but we recommend any ingoing tenant make their own enquiries to the local authority for further confirmation. |
| Energy Performance Rating | Upon enquiry |
The premises are situated within the London Borough of Barking and Dagenham approximately 10.5 miles north-east of the City of London.
The property lies facing Rainham Road South (A1112) close to the major cross-roads junction with Rainham Road North, Dagenham Road and Oxlow Lane. The A13 which runs westwards towards the City and eastwards to Rainham and connects with the M25 2.4 miles to the south whilst the A12 lie equidistant to the north, providing connections to the M25 and A406.
Dagenham East Station (District Line) lies 0.5 miles to the South of the premises, additionally there are a number of bus services to local surrounding areas.
| Floor / Unit | Description | Size | Availability |
| G | Shop | 648 sq ft | Available |
| G | Residential | 193 sq ft | Available |
| 1st | Residential | 667.36 sq ft | Available |
The subject property comprises a two storey building with the commercial ground floor unit and the first floor residential accessed via a separate front door leasing to a refurbished 2 bedroom maisonette benefitting from a large rear garden.
|
Address |
Present Lessee |
Accommodation Gross internal area |
Lease Terms |
Current total rent |
Reversion |
|
252 Rainham Road South, Dagenham, RM10 7UU |
Coral Estates Lts
|
60.26m2 / 648.63 ft2 |
15 year lease from 1st March 2006 |
£14,500 pax |
28th February 2021 |
|
252A Rainham Road South, Dagenham, RM10 7UU |
As above |
Ground: 17.91m2 / 192.78 ft2 Total: 79.91 m2 / 860.14 ft2 |
As above |
Nil |
As above |
|
Total Rent |
|
|
|
£14,500 pax |
|
Council Tax Band C
Each party to bear their own legal costs incurred in this transaction, subject to the prospective purchaser solicitors undertaking to pay the landlord’s abortive costs if the prospective purchaser withdraw from the transaction.
Strictly by appointment through the sole agent.
The property is not elected for VAT
