Porters Avenue, Dagenham

£650,000

Calling all INVESTORS. Producing a YIELD of 5.4% at asking price, you can purchase the FREEHOLD to this shop with split level FOUR BEDROOM flat above with a passing rent of £34,828. Viewings strictly by appointment only.

With a passing rent of £34,828 producing a yield of 5.4% at asking 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.
The shop has it's own wc, store room with kitchen area and access from rear for loading.
The flat offers four bedrooms, lounge, kitchen/diner, shower room/wc and is approached from rear.
Due to the lack of freeholds currently coming to the market we anticipate a good response to this property so don't delay and call Julian in our commercial department today!

Tenure: Freehold

Entrance
Roller shutter, door and windows to:

Main Shop Area
32ft 7 x 20ft 4 narrowing to 10ft
Counter, shelving, door to:

Storage Room
20ft 7 x 7ft 3
Door with roller shutter to rear with rear access for loading, sink unit with mixer tap and cupboard below, door to:

WC
Low flush wc, wash hand basin.

Access
Rear access with external staircase to flat.

Hall
Uvpc style door, radiator, stairs to first floor.

Kitchen/diner
16ft x 10ft 2
Double glazed window to rear, sink unit with mixer tap and cupboard below, wall and base units with work surfaces over, tiled floor, boiler.

Bedroom 1
16ft 10 x 9ft 7
Double glazed window to front, radiator, laminate style flooring.

Bedroom 2
13ft 10 x 9ft 6
Double glazed window to front, radiator, laminate style flooring.

Landing
Laminate style flooring.

Lounge
16ft 2 narrowing to 12ft 7 x 14ft 5
Double glazed window to front, radiator, laminate style flooring.

Bedroom 3
16ft 1 x 10ft (max)
Double glazed window to rear, radiator, laminate style flooring.

Bedroom 4
Unmeasured. Double glazed window to front.

Shower room
Double glazed window to rear, shielded shower cubicle, low flush wc, wash hand basin with mixer tap and cupboard below heated towel rail, tiled walls.

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