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Property Details

145 & 145a Beehive Lane , Ilford, Ilford, Essex, IG4 5DR

Under Offer

Investment, Retail

1247 Sq Ft (115.85 Sq M)

Freehold £475,000 Freehold

Description

The property comprises of a ground floor lock up shop currently trading as a car repairs and MOT garage and has been trading since approx 1990, the lease expires 1st August 2021 paying £14,250 p.a.x.

The shop benefits from air conditioning, suspended ceiling, rear shutter/access, alarm, electric roller shutter to the front and carpeting. The shop has a total area of 1,247 sqft (115.85 sqm), which includes a retail area of 595 sqft (55.29 sqm), a rear ancillary area of 652 sqft (60.60 sqm) and additionally a parking space on the forecourt.

There is a vacant 2 bedroom flat above. The pictures below of the flat are prior to the current AST. We haven't inspected the flat but are informed that its one single and one double bedroom.

  • Ground Floor lock up shop total floor area 1,247 sqft (115.85 sqm) Includes a retail area of 595 sqft (55.269 sqm)
  • Rear ancillary area of 652 sqft (60.60 sqm)
  • Air conditioning
  • Suspended ceiling
  • Rear shutter/access
  • Alarm
  • Electric roller shutter to front
  • Carpeting
  • Front parking space
  • Vacant 2 bedroom flat above

Location

The property is situated fronting Beehive Lane. The parade is adjacent to the Travel Lodge and the Harvester at the junction of the main A12 (Eastern Avenue) being within reasonable walking distance of Gants Hill Central Line Station.

The A12 Eastern Avenue leads within a short drive to the junction of the A406 (North Circular) and M11 via the Redbridge Roundabout. The A12 continues through to the Stratford, The City and eventually through to the Blackwall Tunnel/A13

Price / Rent

£475,000 Freehold Investment

Rates Payable

Approximately £10,000 p.a. plus council tax for the flat above.

EPC Rating

TBC

Viewing

Strictly by appointment

Short Description

Ground floor lock up shop currently trading as a car repairs and MOT garage and has been trading since approx 1990, the lease expires 1st August 2021 paying £14,250 p.a.x.

The shop benefits from air conditioning, suspended ceiling, rear shutter/access, alarm, electric roller shutter to the front and carpeting. The shop has a total area of 1,247 sqft (115.85 sqm), which includes a retail area of 595 sqft (55.29 sqm), a rear ancillary area of 652 sqft (60.60 sqm) and additionally a parking space on the forecourt.

There is a vacant 2 bedroom flat above. The pictures below of the flat are prior to the current AST. We haven't inspected the flat but are informed that its one single and one double bedroom.

Agent Details

Land Commercial
info@landcommercial.co.uk
020 8498 8080