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175 Station Ln 1,690 sq ft Retail Property Hornchurch RM12 6LL £400,000 (£236.69/sq ft)
INVESTMENT HIGHLIGHTS
- 200m from Hornchurch District line underground station
- Close to Hornchurch's main shopping area
- Nearby local retailers such as Boots, William Hill and Your Move Estate Agents
EXECUTIVE SUMMARY
This freehold investment is income producing with a rental of £28,000 p.a.x. on an FRI lease until 7th January 2030 (outside of the landlord and tenant act 1954). The property is held on one lease. The property is approx 1,690 sqft (157sqm) including the 1st floor 2 bedroom flat as well as a rear yard.
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Size
1,690 sq ft
Costar Property Class
B
Year Built
1880
Price
£400,000
Price per sq ft
£236.69
Tenancy
Single
Number of Floors
2
Plot ratio
1.20
Total Plot Size
0.03 ac
Frontage
20 ft on Station Ln
1 1
NEARBY MAJOR RETAILERS
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175 Station Ln
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