713 Green Lane Dagenham Essex RM8 1UU

713 Green Lane
Dagenham
Essex
RM8 1UU

Freehold Retail and Residential Investment

  • Entirely let on overriding lease until 2029 (no breaks)
  • Comprises shop (with separate lean-to) and residential accommodation on upper floors
  • Prominent position on busy arterial route between A12 and A13
  • Nearby occupiers include Greggs, Santander, Co-Operative Food and Superdrug
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot
    2
  • Auction
    9th July 2015
  • Rent
    £23,000 per Annum Exclusive
  • Status
    Sold Post
  • Price
     
  • Sector
    High Street Retail
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
Important Update
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  • Map

* More information on the term "guide" can be found here

Freehold Retail and Residential Investment

  • Entirely let on overriding lease until 2029 (no breaks)
  • Comprises shop (with separate lean-to) and residential accommodation on upper floors
  • Prominent position on busy arterial route between A12 and A13
  • Nearby occupiers include Greggs, Santander, Co-Operative Food and Superdrug
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot 2
  • Auction 9th July 2015
  • Rent
  • Status Sold Post
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
3 miles south-east of Romford
6 miles east of Stratford
12 miles north-east of Central London
Roads
A12, A13, A406 (North Circular Road), M25 (Junction 28, 29),
M11 (Junction 12)
Rail
Goodmayes and Chadwell Heath Railway Stations,
Becontree (District Line), Dagenham Heathway (District Line)
Air
London City Airport
Situation

The property is situated in a prominent corner position on the north side of the busy Green Lane at its junction with Burnside Road equidistant between Romford and Ilford. Nearby occupiers include Greggs, Santander, Co-Operative Food and Superdrug, as well as a number of independent retailers. Goodmayes Railway Station is located less than 1 mile to the north-west.

Tenure

Freehold.

Location
Miles
3 miles south-east of Romford
6 miles east of Stratford
12 miles north-east of Central London
Roads
A12, A13, A406 (North Circular Road), M25 (Junction 28, 29),
M11 (Junction 12)
Rail
Goodmayes and Chadwell Heath Railway Stations,
Becontree (District Line), Dagenham Heathway (District Line)
Air
London City Airport
Situation

The property is situated in a prominent corner position on the north side of the busy Green Lane at its junction with Burnside Road equidistant between Romford and Ilford. Nearby occupiers include Greggs, Santander, Co-Operative Food and Superdrug, as well as a number of independent retailers. Goodmayes Railway Station is located less than 1 mile to the north-west.

Tenure

Freehold.

Description

The property comprises retail accommodation on the ground floor (arranged as a shop and separate lean-to) with a maisonette on the first and second floors.

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises retail accommodation on the ground floor (arranged as a shop and separate lean-to) with a maisonette on the first and second floors.

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reviews
Ground
First & Second
Retail (Shop and lean-to)
Residential
93.74 sq m
-
(1,009 sq ft)
(-)
INDIVIDUAL
(1)
20 years from 16/03/2009 until 2029 on a full repairing and insuring lease £23,000 16/03/2019 &
16/03/2024
Total Commercial Area
93.74 sq m
(1,009 sq ft)
    £23,000

(1) The Vendor has received an application for an assignment of the lease to another individual, with a proposed 3 month rent deposit given on assignment. We understand the tenant sublets the maisonette.

Property Documents

  • Site Plan
    Updated Date
    16.06.15
    File Size
    51 KB
    View PDF
  • Catalogue Page
    Updated Date
    16.06.15
    File Size
    943 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Associate AuctioneersJames Baruch 0203 903 7310jamiebaruch@tydusre.com
Seller's Solicitors
Cripps LLP Wallside House, 12 Mount Ephraim Road
Tunbridge Wells
Kent
TN1 1EG
Stephen Hedley 01892 506 200 stephen.hedley@crippslaw.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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