Ref: A29 FOR SALE Freehold Investment

2 High Street South, East Ham, , E6 6EU.

LOCATION : The property is situated fronting Barking Road (A124) at the junction with High Street South (A117), nearby multiples include Bank of India, Kebabish, Costcutter and Paddy Power. The property is located directly opposite the start of High Street North with its many multiples and extremely buoyant shopping area. East Ham , & City Underground and overground stations are located less than a mile from the property. Barking Road in an easterly directly joins up to the (A406) which in turn provides access to the A13 and A12 and in a westerly direction Barking Road joins up to the A13 (Newham Way) at which provides access to the Docklands & City.

DESCRIPTION : Prominent corner sited former bank building with a basement, two storey ground and first floor offices plus a split level third/fourth floor 5 bedroom flat at the top.

The basement, ground floor and first floor offices are going to be let on a new 10 year full repairing and insuring lease at a rent of £48,000 p.a.x. to Wiseman Lee LLP (Solicitors) with a rent review/tenant only break clause at the fifth anniversary, inside the Landlord & Tenant Act.

The flat is currently let on an AST producing £19,200 p.a. which can be offered with the benefit of the AST or vacant possession whichever is preferred. The property is For Sale Freehold as an investment.

The property comprises:

Basement 569 sqft ( 52.86 sqm) Ground floor offices 1,396 sqft (129.7 sqm) First floor offices totalling 588 sqft ( 54.62 sqm) Second floor split level 5 bedroom flat NIA approx 1,119 sqft (103.96 sqm)

N.B. It is the responsibility of any interested party to fully clarify exact floor areas, the premises existing planning use and whether their proposed use requires a change in planning permission.

AMENITIES :  PROMINENT CORNER SITED FORMER BANK  TWO STOREY OFFICE  THIRD FLOOR SPLIT LEVEL 5 BEDROOM FLAT AT THE TOP  GROUND FLOOR OFFICES 1,396 SQFT (129.7 SQM )  FIRST FLOOR OFFICES TOTALLING 588 SQFT (54.62 SQM )  BASEMENT 569 SQFT (52.86 SQM )  FLAT NIA APPROX 1,119 SQFT (103.96 SQM )

INCOME : Basement, ground and first floor offices are to be let on a new 10 year full repairing and insuring lease at a rent of £48,000 p.a.x to Wiseman Lee LLP (Solicitors) with a rent review/tenant only break clause at the fifth anniversary inside the Landlord & Tenant Act.

The flat is currently let on an AST producing £19,200 p.a. which can be offered with the benefit of the AST or vacant possession whichever is preferred.

PRICE : Offers in excess of £1,100,000 (One million one hundred thousand pounds).

RATES PAYABLE : £10,680 p.a. approx

EPC RATING :

V.A.T. All rents, prices and premiums are exclusive of VAT under the Finance Act 1989. We would advise all interested parties to consult their professional advisors as to their liabilities if any, in this direction.

VIEWING : Strictly by appointment

LAND COMMERCIAL SURVEYORS LTD 020 8498 8080

IT IS THE RESPONSIBILITY OF ANY INTERESTED PARTY TO FULLY CLARIFY FLOOR AREAS , PLANNING USE AND WHETHER THEIR PROPOSED USE IS SUITABLE . THESE MARKETING DETAILS ARE FOR INDICATION PURPOSES ONLY AND COMPLETED BASED UPON THE INFORMATION GIVEN AND ISN ’T ALWAYS CORRECT . NO EQUIPMENT OR UTILITIES HAVE BEEN TESTED BY US AND SHOULD BE CHECKED BY THE INTERESTED PARTY PRIOR TO COMPLETION . ALL FEATURES LISTED AT THE TIME OF MARKETING ARE SUBJECT TO CHANGE AND DO NOT FORM PART OF THE CONTRACT.