George Lane, London
£5,000,000 Freehold

UPDATED

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  • Entire Freehold Building
  • Total Rent Per Annum Is Currently £231,400.00
  • Brand Newly Built
  • 9 Residential Apartments
  • Commercial Units
  • Very Central Location Next To South Woodford Station
  • Includes A Roof Garden, Refuse and Cycle Store.

Entire Freehold Building - Total Rent Per Annum Is Currently £231,400.00 - Brand Newly Built - 9 Residential Apartments - 2 Commercial Units - Very Central Location Next To South Woodford Station - Includes A Roof Garden, Refuse and Cycle Store.


Durden & Hunt International are delighted to welcome to the market this rare investment opportunity to purchase the entire block including freehold. The site has been recently built and comprises of 9 apartments and 2 commercial units. At this moment the commercial leases have agreed incredible tenants of Starbucks & Cancer Research, all 9 apartments are also rented on AST's. The apartments are 7 one bedrooms & 2 two bedrooms.

The rent currently totals just over £19,000 per month with a total rent of over £230,000 per annum.

Total Floor Area -
Commercial 1 - 114.00 m2 (1,227 ft2) -103 - Net Internal Area
Commercial 2 - 130.00 m2 (1,399 ft2) - 105 - Net Internal Area
Residential - 485.00 m2 (5,221 ft2) - IPMS 3B (Residential Flats only)


For more information please contact Durden & Hunt International.


Consumer Protection from Unfair Trading Regulations 2008.
Durden & Hunt have not tested any apparatus, equipment, fixtures and fittings or services. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are NOT necessarily included unless specifically mentioned within the sales particulars, they may however be available by separate negotiation. Any mention of Planning potential is based on the current owners opinion, unless stated otherwise a potential buyer should assume that this is a speculative opinion only and is not based on planning permission being granted or professional advice. Any reference to distance to Stations, amenities or schools are taken from portal estimated distances, buyers are advised to do their own research on distances and these area given as guides. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property. Durden & Hunt are a proud member of the Property Ombudsmen.


George Lane
London E18 1AN
Sale Type: For Sale
Ref #: 103371000596
Last Updated: Monday, 06 December 2021 18:17
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