277-278 High Road Ilford Essex IG1 1QQ

277-278 High Road
Ilford
Essex
IG1 1QQ

Freehold Modern Office Investment

  • Entirely let to The North-East London Probation Committee Approximately 1,081 sq m (11,635 sq ft) with on-site car parking
  • Prominent town centre location
  • Neighbouring occupiers include London Borough of Redbridge, Fitness First, Lidl, Farmfoods Supermarket and Redbridge Borough Police HQ
  • Six Week Completion Period Available
  • Lot
    12
  • Auction
    22nd February 2011
  • Rent
    £200,685 per Annum Exclusive
  • Status
    Sold
  • Price
    £1,485,000
  • Sector
    Office
  • Auction Venue
    Millennium Hotel
    39-44 Grosvenor Square
    London W1K 2HP
  • On behalf of Joint LPA Receivers
Important Update
  • Expand
  • Photos
  • Map

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

Freehold Modern Office Investment

  • Entirely let to The North-East London Probation Committee Approximately 1,081 sq m (11,635 sq ft) with on-site car parking
  • Prominent town centre location
  • Neighbouring occupiers include London Borough of Redbridge, Fitness First, Lidl, Farmfoods Supermarket and Redbridge Borough Police HQ
  • Six Week Completion Period Available
  • Lot 12
  • Auction 22nd February 2011
  • Rent
  • Status Sold
  • Price £1,485,000
  • Sector
    Office
  • Auction Venue
    Millennium Hotel
    39-44 Grosvenor Square
    London W1K 2HP
  • On behalf of Joint LPA Receivers

Property Information

Location
Miles
12 miles east of the Central London
Roads
M11, North Circular (A406), A12
Rail
Ilford Railway Station, Newbury Park Underground Station (Central Line)
Air
London City Airport (5 miles), Stansted Airport (25 miles)
Situation

The property is prominently situated on the northern side of the High Road, directly opposite the Borough Police headquarters, and immediately east of the pedestrianised retail thoroughfare. Lynton House, London Borough of Redbridge's administrative offices, is approximately 100 metres east while the adjacent Ilford Retail Park houses occupiers including Fitness First, Lidl and Farmfoods Supermarket.

Tenure

Freehold.

Location
Miles
12 miles east of the Central London
Roads
M11, North Circular (A406), A12
Rail
Ilford Railway Station, Newbury Park Underground Station (Central Line)
Air
London City Airport (5 miles), Stansted Airport (25 miles)
Situation

The property is prominently situated on the northern side of the High Road, directly opposite the Borough Police headquarters, and immediately east of the pedestrianised retail thoroughfare. Lynton House, London Borough of Redbridge's administrative offices, is approximately 100 metres east while the adjacent Ilford Retail Park houses occupiers including Fitness First, Lidl and Farmfoods Supermarket.

Tenure

Freehold.

Description

The property comprises a SELF-CONTAINED MODERN OFFICE BUILDING benefiting from raised floors, suspended ceilings and a passenger lift serving all floors. The property also benefits from the right to use the car parking spaces to the rear (please see area shaded blue on the plan).

The property is being marketed on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The LPA Receivers are not bound to accept the highest or any offer and are acting without personal liability

VAT

VAT is applicable to this lot.

Viewings

There will be group viewings for this property. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Gwen Thomas. Tel: +44 (0)20 7034 4857

EPC

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

Description

The property comprises a SELF-CONTAINED MODERN OFFICE BUILDING benefiting from raised floors, suspended ceilings and a passenger lift serving all floors. The property also benefits from the right to use the car parking spaces to the rear (please see area shaded blue on the plan).

The property is being marketed on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The LPA Receivers are not bound to accept the highest or any offer and are acting without personal liability

VAT

VAT is applicable to this lot.

Viewings

There will be group viewings for this property. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Gwen Thomas. Tel: +44 (0)20 7034 4857

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 Review
Ground
First
Second
Office 353.90 sq m
364.00 sq m
363.13 sq m
(3,809 sq ft)
(3,918 sq ft)
(3,908 sq ft)
THE NORTH-EAST LONDON PROBATION COMMITTEE (1) 20 years from 28/09/1995 until 11/04/2016 on a full repairing and insuring lease £200,685 28/09/2015
Totals 1,081.03 sq m (11,635 sq ft) £200,685

(1) The North-East London Probation Committee is part of the London Probation Trust who employ 3,000 staff across London and at any one time supervise 45,000 offenders across London’s 32 boroughs. They work alongside other criminal justice agencies, including the police, prisons and courts to protect the public by supervising offenders in the community. (Source: www.london-probation.org.uk 13/01/2011)

The property is being marketed on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given The LPA Receivers are not bound to accept the highest or any offer and are acting without personal liability

Property Documents

  • Catalogue Page
    Updated Date
    04.03.21
    File Size
    470 KB
    View PDF
  • Site Plan
    Updated Date
    01.02.11
    File Size
    20 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

Seller's Solicitors
Shoosmiths LLP 7th Floor, 125 Colmore Row
Birmingham
B3 3SH
+44 (0)3700 864001
Aaron Harlow +44 (0)3700 864219aaron.harlow@shoosmiths.co.uk

Useful Links

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

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