Thinking of buying or selling call 020 8599 9911

RICS   

FOR SALE FREEHOLD - TAKEAWAY INVESTMENT
106B NORTH STREET, HORNCHURCH, ESSEX, RM11 1SU

328 sq.ft ( 30.47 m2  )

Key Features

•  Circa 11 years unexpired lease term
•  Established takeaway use

Location

The property is located approximately 0.1 miles to the south of Emerson Park Station and just over 1 mile north of Hornchurch Station, within a small stretch of retail parade.

Accommodation

Established takeaway use arranged as sales area and kitchen separated by stud partitioning, with external WC and refuse area. Approximate areas are as follows in accordance with the RICS Code of Measuring Practice (6th Edition) on a Net Internal Area (NIA) basis:
Sales Area120 sq.ft ( 11.15 m2  )
Kitchen208 sq.ft ( 19.32 m2  )
Total328 sq.ft ( 30.47 m2  )

Lease Terms

Demised for a term of 20 years from December 2014 thus having an unexpired lease term of circa 11 years. The current rent passing is £10,800.00 per annum exclusive with an upward only rent review at the 5th anniversary of the term and thereafter on a four yearly upward only pattern. The beneficiary of the lease is an individual under their personal capacity.

Price

Rates

Rateable Value£4,850

Energy Performance Asset Rating

A+
A
B
C
D
E
F
132
This is how energy efficient
this building is
G

VAT

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

Service Charge

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 sole selling agents Taylor Freeman Kataria.

Contact:

Rajiv Kataria

Rajiv@cliffords-estates.co.uk

Ravi Kataria

Ravi@cliffords-estates.co.uk

GET IN TOUCH

TFK 306, Green Lane, Ilford IG1
020 8599 9911

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