67-69 Park Ln 1,962 sq ft 100% Let Retail Property Hornchurch RM11 1BH £400,000 (£203.87/sq ft)

Secure Long Term Investment Property For Sale. This lot provides a rare opportunity to purchase the Freehold Interest with Long Trem Secure Income from a Well Established Local Pharmacy Tenant of the Double fronted Retail Unit. The subject property comprises a traditionally constructed, two storey property located centrally on this popular neighbourhood parade. The Property is traditionally brick built with a flat roof. The Ground floor provides a double fronted Retail Unit. The First Floor comprises two selfcontained Residential Flats accessible from the rear of the block. The ground floor unit is currently let and trading as a Bencrest Chemist pharmacy, providing a long term, secure defensive and essential use income stream. The first floor comprises two self contained residential flats, which have been sold on long leaseholds, allowing an investor to benefit from a straightforward commercial investment with no residential management obligations. The Retail Lease is subject to Upward Only Open Market Rent Review from September 2027 and then on a 3 yearly basis thereafter, offering the opportunity to enhance the rental income frequently over the life of the current lease.