Lathom Road Medical Centre, 2a Lathom Road
East Ham
London
E6 2DU

Freehold Medical Centre Investment

  • On behalf of Receivers
  • Let to Doctors until 2028 ( Subject to Option)
  • Popular Inner London Suburb
  • Close to High Street and Underground station.
  • Residential conversion potential (subject to Consents)
  • Lot
    9
  • Auction
    28/Oct/2020
  • Rent
    £68,120 per Annum Exclusive
  • Status
    Sold
  • Price*
    £795,000
  • Sector
    Medical/Healthcare
  • Auction Venue
    Live Streamed Auction
  • On Behalf of Receivers
Important Update
  • Lathom Road Medical Centre, 2a Lathom Road<br>East Ham<br>London<br>E6 2DU
  • Expand
  • Photos
  • Map

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

Property Information

Location
Miles
6 miles East of the City of London
4 miles north east of London Docklands
2.5 Miles East of Stratford and the Olympic Park
Roads
A406 North Circular Road, A13, M25
Rail
East Ham Underground Station (District Line)
Air
London City Airport. London Southend Airport. London Stansted Airport, London Heathrow Airport
Situation

East Ham is a busy and popular East London residential suburb. The property is situated on the south side of Lathom Road close to its junction with High Street North the town's main commercial and retailing thoroughfare. Nearby occupiers include Greggs, State Bank of India, Wilko, Ladbrokes and an eclectic mix of local traders.

Tenure

Freehold.

Description

The property comprises a medical centre with accommodation on the ground, first and second floors. The property benefits from a car parking space at the front of the property.

Note

This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge, but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

Completion Period

Six Week Completion

EPC

See Legal Pack

Tenancy & Accommodation

FloorUseFloor Areas (Approx)TenantTermRent p.a.xReview
Ground
First
Second
Surgery
Surgery
Surgery
129.39 sq m
46.64 sq m
14.55 sq m
( 1,393 sq ft)
(502 sq ft)
(156 sq ft)
INDIVIDUAL DOCTORSLet for a term of
20 years from
12th September
2008 until 2028 on
a full repairing
and insuring
lease. (1
£68,12012th September 2023
Total
190.58 sq m
(2,051 sq ft) (2)   £68,120 

(1) The lease is subject to a tenant option to determine the lease on 12th September 2023 on giving 6 month written notice.
(2) The floor areas stated above have been published by the Valuation Office Agency. https://www.tax.service.gov.uk/business-rates-find/valuations/17265430000

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
    4 MB
    View PDF
  • Site Plan
    Updated Date
    07.10.20
    File Size
    473 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
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060519john.mehtab@acuitus.co.uk
Billy StruthBilly Struth +44 (0)20 7034 4854billy.struth@acuitus.co.uk
Seller's Solicitors
Eversheds Sutherland Bridgewater Place, Water Lane
Leeds
LS11 5DR
0845 498 4994
Victoria Procter 0 113 200 4027VictoriaProcter@eversheds-sutherland.com

Useful Links

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