FOR SALE FREEHOLD WITH VACANT POSSESSION - COMMERCIAL PREMISES (GF + BSMNT), 1 BEDROOM FLAT + SEPARATE GARAGE

Key Features

•  Corner Property
•  Prominent Position With High Footfall
•  Vibrant Area

Location

This corner property is located within a parade of shops along the Green Street with a return frontage along St. Dunstans Road. Green Street itself is world-renowned for its diversity in fashion and has now become a hub for eateries, jewellery and fabrics. Forest Gate is within close proximity (0.5 miles north) of the demise and can be reached within approximately 5 minutes by car, serving frequent journeys to Stratford and London Liverpool Street via the Elizabeth Line.

Accommodation

The building comprises a corner commercial premises at ground floor subject to single storey rear extension, external WC, garage with independent access, and ancillary storage accommodation to basement. The first floor is arranged as a 1 bedroom 2 person flat and is accessible by virtue of separate entrance on St Dunstan’s Road. The flat is currently in shell condition and requires substantial refurbishment throughout. We have measured the property in accordance with the RICS Code of Measuring Practice for the retail element and in relation to the residential upper parts, on the basis of the new International Property Measurement Standards (IPMS 3B):

Ground Floor Commercial	790 sq.ft ( 73.39 m2  )
Basement	455 sq.ft ( 42.27 m2  )
Garage	250 sq.ft ( 23.23 m2  )
First Floor Residential	570 sq.ft ( 52.95 m2  )
Total	2,065 sq.ft ( 191.84 m2  )

Lease Terms

We are advised that the property will be sold with the benefit of vacant possession.

Price

Rates

The retail unit is subject to the following rating assessment:

Rateable Value	£22,500
UBR 2022/2023	51.2p
Rates Payable	£11,520
	Interested parties are advised to verify these figures and check what banding of Council Tax the upper parts fall under with the London Borough of Newham on 020 8430 2000.

Energy Performance Asset Rating

EPC Awaited

A+
A
B
C
D
E
F
G

VAT

Value Added Tax is not applicable in respect of this property.

Service Charge

A service charge is not applicable in respect of this property.

Legal Costs

Each party to bear their own legal costs.

Viewing

Strictly by prior appointment with joint sole agents Taylor Freeman Kataria and Countrywide Commercial:

Contact:

Rajiv Kataria of TFK

Rajiv@cliffords-estates.co.uk

OR

Countrywide Commercial

020 8506 9900