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45 Green Ln 404 sq ft Retail Property Ilford IG1 1XG £450,000 (£1,113.86/sq ft)
INVESTMENT HIGHLIGHTS
- Prominent Green Lane location
- Let at £26,000 p.a.
- Fully Let Mixed-Use Freehold Investment
EXECUTIVE SUMMARY
The property comprises a mid-terraced freehold mixed-use investment arranged as a ground-floor shop with consented takeaway use and a split-level maisonette above, accessed independently from the front. Positioned on the north side of Green Lane between Connaught Road and Stanley Road, it sits close to Seven Kings High Road, Ilford Town Centre and Ilford Lane.
The building is fully let on a single 15-year lease from 25 December 2016, producing £26,000 per annum. The freehold is offered at £450,000.
The building is fully let on a single 15-year lease from 25 December 2016, producing £26,000 per annum. The freehold is offered at £450,000.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
404 sq ft
Year Built
1970
Price
£450,000
Price per sq ft
£1,113.86
Tenancy
Single
Number of Floors
1
Plot ratio
0.46
Total Plot Size
0.02 ac
AMENITIES
- 24 Hour Access
- Public Transport
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NEARBY MAJOR RETAILERS
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45 Green Ln
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