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A2 OFFICE INVESTMENT – VIRTUAL FREEHOLD FOR SALE

For Sale
70-72 Chatsworth Road, London E5 0LS
PRICE £500,000 Subject to Contract with the benefit of the existing tenancy

LOCATION

The property is situated in a prominent position on the corner of Chatsworth Road and Blurton Road close to the main Lea Bridge Road and Homerton High Street. Transport links are convenient with the property located very close to Clapton & Homerton Stations (London Overground). Numerous bus routes also serve the area.

DESCRIPTION

The property comprises Ground Floor A2 Offices trading as an Estate Agency. The premises benefit from a prominent window frontage, male & female WCs and kitchenette.

AREAS (ALL DIMENSION ARE APPROXIMATE)

Ground Floor A2 Offices: 1,125 Sq. Ft    (105 Sq. M)

TENURE

A new 999 year Lease will be granted at a fixed ground rent.

TENANCY

The premises are let to Next Move Ltd on a Full Repairing & Insuring lease for a term of 15 years from 10th September 2014 subject to 5 yearly rent reviews. The current rent is £30,000 pax.

PRICE

£500,000 – Subject to Contract with the benefit of the existing tenancy

LEGAL COSTS

Both parties to bear their own legal costs.

IDENTIFICATION

Under the Money Laundering Regulations Act 2004, we are obliged to verify the identity of proposed tenants prior to instructing solicitors in order to assist in preventing fraud and money laundering. This information is required by Law.

 

VIEWING

Strictly by appointment through owners’ Sole Agents as above

 

SUBJECT TO CONTRACT

 

 

NOTICE RELATING TO THE PROPERTY MISDESCRIPTIONS ACT
Christo & Co as Agents and for the Vendors/Lessors of this property give notice that: 1) These particulars have been checked and are understood to be materially correct at the date of publication. The content however, is given without responsibility and should not, in any circumstances, be relied upon as representations of fact. Intending Purchasers/Lessees should satisfy themselves as to their correctness and as to the availability to the property prior to arranging viewings of the property. 2) These particulars are a guide only and do not form part of an offer or contract. 3) Christo & Co, their employees, nor the Vendors/Lessors make or give any representation or warranty in relation to the property. 4) No representation or warranty is given in respect of any part, equipment or services at the property. 5) Unless otherwise stated, prices, rents or other prices quoted are exclusive of VAT. Intending Purchasers/Lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction relating to this property. 6) Date of Publication: January 2018.
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Address

70-72 Chatsworth Road, London E5 0LS
United Kingdom
London
Hackney
E5 0LH

Additional Details

PRICE £500,000 Subject to Contract with the benefit of the existing tenancy
1,125
105
Freehold/Long Leasehold

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