10 Porters Avenue 645 SF 100% Leased Retail Building Dagenham RM8 2AQ £550,000 (£852.71/SF)
EXECUTIVE SUMMARY
With a passing rent of £34,828 producing a yield of 6.3% at the lower guide price, you can purchase the freehold to this 538 sq ft shop with 1270 sq ft split level flat above. The property is located in a mixed parade near the junction of Wood Lane (A124) with the current tenant in the shop operating as a convenience store with approx. 15 years lease and the maisonette let on an Assured Shorthold Tenancy.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
645 SF
Building Class
C
Year Built
1967
Price
£550,000
Price Per SF
£852.71
Percent Leased
100%
Number of Floors
1
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NEARBY MAJOR RETAILERS
CONTACT
-
Julian Hall - Delaney Properties
