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19 Church Ln 422 sq ft Retail Property London E11 1HG £350,000 (£829.38/sq ft)
Investment Highlights
- Freehold investment
- Upper parts sold off on long lease
- 20,150 per annum
- Ground floor shop has traded as 'Subway' for many years
- Current total income £
- Rent review due in January 2027
Executive Summary
The shop is held on a 15 year full repairing and insuring lease from January 2022. There are rent reviews and tenant-only break clauses as at January 2027 and January 2032. The current passing rent is £20,000 per annum. The upper parts are sold off on a 125 year lease from 2006. The ground rent payable is £150 per annum.
The freehold is available, subject to the existing leases, for £350,000.
The freehold is available, subject to the existing leases, for £350,000.
Property Facts Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
422 sq ft
Costar Property Class
B
Year Built
1950
Price
£350,000
Price per sq ft
£829.38
Tenancy
Single
Number of Floors
3
Plot ratio
0.33
Total Plot Size
0.03 ac
Frontage
12 ft on Church Lane
Amenities
- Security System
- Signage
- Storage Space
1 1
Nearby Major Retailers
1 of 19
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19 Church Ln
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