Comprises a Retail Unit and 4 Room Maisonette Flat on the Upper Floors
Potential to reconfigure Upper Floors to 2 flats (subject to consents)
Prominent Position on Busy Route between Barking and Dagenham
Popular East London Suburb
VAT Free investment
Neighbouring occupiers include Co-Op Food, Wood Lane Post Office and an eclectic mix of local independent retailers and cafes
Lot 3
Auction 26th March 2026
Rent £15,000 per Annum Exclusive
Status Available
Guide* £295,000
Sector Restaurant, Residential
Auction Venue Live Streamed Auction
On the Instructions of Trustees
Property Information
Location
Miles
3 miles south-east of Ilford, 3 miles south-west of Romford, 6 miles east of Stratford, 7 miles east of the City of London, 13 miles north-east of Central London
London City Airport, London Heathrow Airport, London Gatwick Airport, London Southend Airport
Situation
The property is prominently situated within a busy neighbourhood parade on the north side of Wood Lane, close to its junction with Weylond Road and benefits from excellent communication links, situated approximately equidistant between Chadwell Heath (Elizabeth Line) Station and Dagenham Heathway (District Line) Station. Neighbouring occupiers include Co-Op Food, Wood Lane Post Office, Morrisons, Becontree Tree Health Leisure Centre and an eclectic mix of local independent retailers and cafes.
Tenure
Freehold.
Location
Miles
3 miles south-east of Ilford, 3 miles south-west of Romford, 6 miles east of Stratford, 7 miles east of the City of London, 13 miles north-east of Central London
London City Airport, London Heathrow Airport, London Gatwick Airport, London Southend Airport
Situation
The property is prominently situated within a busy neighbourhood parade on the north side of Wood Lane, close to its junction with Weylond Road and benefits from excellent communication links, situated approximately equidistant between Chadwell Heath (Elizabeth Line) Station and Dagenham Heathway (District Line) Station. Neighbouring occupiers include Co-Op Food, Wood Lane Post Office, Morrisons, Becontree Tree Health Leisure Centre and an eclectic mix of local independent retailers and cafes.
Tenure
Freehold.
Description
The property comprises a ground floor retail unit with a 4 room maisonette flat on the first and second floors.
VAT
VAT is not applicable to this lot.
Planning
The property may be suitable for a reconfiguration of the upper parts to create 2 self contained flat, subject to consents.
The Property falls with the jurisdiction of the London Borough of Barking and Dagenham. A Planning Application Presentation and Design and Access Statement is available in the Legal Pack.
EPC
Band D
Description
The property comprises a ground floor retail unit with a 4 room maisonette flat on the first and second floors.
VAT
VAT is not applicable to this lot.
Planning
The property may be suitable for a reconfiguration of the upper parts to create 2 self contained flat, subject to consents.
The Property falls with the jurisdiction of the London Borough of Barking and Dagenham. A Planning Application Presentation and Design and Access Statement is available in the Legal Pack.
EPC
Band D
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Tenant
Term
Rent p.a.x.
Rent Review (Reversion)
Ground First Second
Takeaway Residential - 4 x room maisonette
51.08 45.15 42.40
550 486 456
AN INDIVIDUAL (t/a Sun Sing)
A term from 18/03/2019
£15,000
20/09/2025 (Holding Over)
Total Approximate Floor Area
138.63 (1)
(1,492)
£15,000
(1) The Ground floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk). The first and second floor areas stated above are the Gross Internal Floor Areas extracted from the Planning Application Presentation and Design and Access Statement, which is available in the Legal Pack.
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
