20 Kirkdale Road
London
E11 1HP

Four Freehold Retail Investments (To be offered as four separate lots)

  • Let to tenant trading as Kingsley & Co Chartered Accountants
  • Four shops to be offered as separate lots
  • Directly opposite Leytonstone bus station in popular North-East London Location
  • VAT-free investment
  • Lot
    2
  • Auction
    28/Oct/2020
  • Rent
    £10,000 per Annum Exclusive
  • Status
    Sold
  • Price*
    £162,000
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction
Important Update
  • 20 Kirkdale Road<br>London<br>E11 1HP
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* More information on the term "price" can be found here

Property Information

Location
Miles
6.5 miles north-east of the City of London
Roads
A12, A406 (North Circular)
Rail
Leytonstone Underground Station (Central Line)
Air
London City
Situation

Leytonstone is a popular suburb of east London. The property is located on the east side of Kirkdale Road, less than 100m from Leytonstone Underground Station (Central Line), and directly opposite Leytonstone Bus Station. Nearby occupiers include Sainsbury's, Argos, Subway and Poundland.

Tenure

Freehold. Each is offered Freehold.

Description

The property comprises four adjoining ground floor shops, each with ancillary accommodation at first floor level.

VAT

VAT is not applicable to this lot.

Note

Please note the buyer of each lot will pay 1.5% VAT of the purchase price towards the Vendor's costs in addition to the cost of the searches. Please see Special Conditions of Sale.

EPC

Various. See legal pack at www.acuitus.co.uk.

Tenancy & Accommodation

Unit No. FloorUseFloor Areas (Approx)TenantTermRent p.a.x
20Ground
First
Office
Ancillary
12.30 sq m
8.60 sq m
(132 sq ft)
(93 sq ft)
K. ODAMEDANQUAH
t/a Kingsley & Co
Chartered
Accountants
(1)
5 years from
25/03/2020 until
24/03/2025 on a full
repairing and insuring
lease
£10,000
Total
20.90 sq m
(225 sq ft)   £10,000

(1) Kingsley & Co Chartered Certified Accountants and Tax Consultants based in Leytonstone, East London, providing a wide range of accountancy services and advice for business start ups, small and medium size businesses in London and Essex (www.kingsleyandco.co.uk). The tenant was previously trading at the property under a lease that expired in 24/03/2020.
The rent increased from £8,000 pa to £10,000 pa in March 2020.

If you are the successful bidder, Acuitus requires a separate payment of £1,000 inclusive of VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Due to the current restrictions in movement throughout the UK, the property may not have been inspected by Acuitus. Some photographs may not be current and these will be dated where this is the case. Plans showing nearby occupiers and mention of nearby occupiers may reflect a dated situation as some tenants are not currently in occupation. Floor areas and accommodation details are likely to have been obtained from VOA.Gov.UK and the Vendor.

Property Documents

  • Catalogue Page
    Updated Date
    07.10.20
    File Size
    12 MB
    View PDF
  • Site Plan
    Updated Date
    07.10.20
    File Size
    836 KB
    View PDF
  • Common Auction conditions
    Updated Date
    01.07.20
    File Size
    277 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF
  • Money Laundering Regs
    Updated Date
    07.10.20
    File Size
    1,016 KB
    View PDF
  • Customer Due Dilligence Form
    Updated Date
    20.05.20
    File Size
    585 KB
    View PDF

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
George GoucherGeorge Goucher +44 (0)20 7034 4860george.goucher@acuitus.co.uk
Seller's Solicitors
Structadene Group 9 White Lion Street
London
N1 9PD
James Thomson 0207 843 9196james.t@pearl-coutts.co.uk

Useful Links

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