4 Bedrooms Terraced house for sale in 39 The Broadway, Elm Park, Essex RM12 | £ 425,000
Overview
| Price: | £ 425,000 |
|---|---|
| Contract type: | For Sale |
| Type: | Terraced house |
| County: | Essex |
| Town: | Hornchurch |
| Postcode: | RM12 |
| Address: | 39 The Broadway, Elm Park, Essex RM12 |
| Bathrooms: | 0 |
| Bedrooms: | 4 |
Property Description
Guide Price = £425,000+
**For Sale By Public Auction 12th February 2019 12:00 pm. To inspect the legal documents for this property go to our website to download the legal pack**
A Freehold Mixed Use Investment Comprising a Ground and Lower Ground Floor Lock-Up Shop with a Three Bedroom First & Second Floor Maisonette and a Self-Contained One Bedroom Flat to the Rear. Fully Let Producing £34,200 per annum
Tenure
Freehold
Location
The property occupies a prominent position on an established main shopping parade in the popular Elm Park area. Nearby multiples include Domino's, Sainsburys and many others. The open spaces of the Chase Nature Reserve as well as Harrow Lodge Park are both within easy reach. Transport links are provided by Elm Park underground station (District line) which is a very short walk away.
Description
The property comprises a four storey mid terrace building arranged as a ground and lower ground floor shop (A1 use) with two separate self-contained flats above and to the rear.
The property comprises a ground floor shop with a first and second floor maisonette above within a mid terrace building arranged over ground and two upper floors.
Accommodation & Tenancy Schedule
PropertyFloorAccommodationTenancy DetailsCurrent Annual RentShopLower Ground & GroundShop AreaLet on a 10 year Fri Lease from 2011
with XX yearly rent reviews£12,000Duplex FlatFirst & SecondThree Bedroom MaisonetteLet on an 12 month ast from XXX at a rent of £XXX£12,000Rear FlatLower GroundOne Bedroom Flat with Rear YardLet on an 12 month ast from XXX at a rent of £XXX£10,200
Current Rent Reserved £34,200 per annum
Exterior
The property benefits from 4 parking spaces in tandem to the rear. Furthermore, the lower ground floor flat benefits from its own rear yard due to the sloping nature of the site.
Vat is Not Applicable
VAT
VAT is not applicable
Viewing Times
Open House Viewings:
Wednesday 28th November 12:00 - 12:30
Monday 3rd December 12:00 - 12:30
Wednesday 5th December 12:00 - 12:30
Monday 10th December 12:00 - 12:30
Property Location
Property Marketed by Auction House London
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