21 Butts Green Rd 827 SF Retail Building Hornchurch RM11 2JS £275,000 (£332.53/SF)
INVESTMENT HIGHLIGHTS
- Opposite Emerson Park Station
- At the junction of Hillview Avenue
- Rear yard/garden and two garages
EXECUTIVE SUMMARY
This investment property is being offered for sale freehold, with the benefit of the existing lease, which expires 7th January 2030 and is outside of the landlord and tenant act 1954, with a passing rent of £16,000 p.a.x (fixed for the term of the lease. The property comprises of a ground floor shop of approx 421sqft (39.11 sqm), plus a one bedroom flat above of approx 406 sqft (37.68 sqm). To the rear is a garden/yard area as well as 2 detached garages. The property is offered for sale freehold with the benefit of the existing tenancy.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
827 SF
Building Class
B
Year Built
1980
Price
£275,000
Price Per SF
£332.53
Tenancy
Single
Number of Floors
2
Building FAR
0.26
Lot Size
0.07 AC
Frontage
21 ft on Butts Green Road
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NEARBY MAJOR RETAILERS
