Investment Properties for sale in London

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Investment Property - London

London, England

  • Freehold Price: £699,950  Price Reduced arrow_drop_down
Seller Reference: 6981
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Business Description
 
 
 
 
 
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Seller Reference: 6981
Request Details
Business Description
Town Centre Trading Position
Good Public Transport & Motorway Links
8,000 Square Feet
Tenant in place on 20 year lease
Rental income £60,000pa
F&F Available
EPC – F
REF 6981 – Freehold Investment Property

Blacks Brokers are pleased to bring to the market this freehold investment opportunity located in Leytonstone, Greater London.

LOCATION

The property occupies a main road trading position within a parade of shops and offices. The area is densely populated commercially with neighbouring businesses including independent retailers and large multiples such as Peacocks and TSB. There are also a number of large housing areas nearby. The area is well linked by the A12 with strong public transport links and parking is available in the surrounding area.

REASON FOR SALE

Due to the demands of our client's other business commitments being higher than anticipated, the property is offered for sale.

SUMMARY

This is a well presented property which occupies a superb trading position and has a strong base of regular customers in place. There is a tenant in place on a 20 lease lease beginning June 2020, with an annual rent of £60,000. This would be a perfect for an investor to add to their existing property portfolio with a secure rental income.
Tenure:
Freehold
Is accommodation included?:
BUILDING LAYOUT AND DESIGN
Legends Snooker Academy operates from the first floor of a spacious mid terraced property on a busy main road. The business has large branding and signage on display above the ground floor retail property. The business is accessed by side door and stairway with disabled access to the rear. Inside, the main room is filled with ten snooker tables, eight pool tables and table tennis area. There is also comfortable seating and a fully equipped bar with bar style seating, a professional kitchen with Turkish charcoal oven and cold room with fridges and wooden flooring is in place throughout. To the rear of the space are toilet facilities and a private office. Each area is well presented and fully equipped.

Location Details:
London
Leasehold Term:
TBC
Listed by:
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