DOCSLIB.ORG

29-31 Leytonstone Road Stratford London E15

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
29-31 Leytonstone Road Stratford London E15 FOR SALE F REEHOLD INVESTMENT PROPERTY COMMERCIAL UNIT (A2) WITH FREEHOLD GROUND RENT 29-31 LEYTONSTONE ROAD STRATFORD LONDON E15 1JA Gross internal area: Ground 1,263.4 FT 2 / 117.33 M2 First floor self-contained 2 bed flat FREEHOLD INVESTMENT IN SOUGHT AFTER LONDON LOCATION BLUE CHIP TENANT ON FRI TERMS IN FULLY REFURBISHED UNIT WITH AIR CONDITIONING TOTAL INCOME OF £25,250 PER ANNUM EXCLUSIVE REVERSIONARY ENHANCEMENT OF INCOME OPPORTUNITY FROM ASSET MANAGEMENT TO RENEW NEW LEASE AND ATTRACTIVE GROUND RENT INVESTMENT WITH THE GRAND RENT TO INCREASE BY £250 EVERY 10 YEARS LOCATION: Stratford forms part of the London borough of Newham and situated 6 miles north east of central London and north of London docklands. Stratford is the location of the London Olympic park and is currently experiencing inward regeneration/investment with expansion and growth of businesses and property values linked to the 2012 summer Olympics. The subject property is situated on the northside of Leytonstone road, which is opposite Maryland railway station (2minutes to Stratford station and less than 10 mins to London Liverpool street station) .The property is less than 1 mile from Westfield shopping Centre and approx. 0.75m from Stratford shopping Centre and railway station. Stratford has now become one of the premier transport hubs of the London transport system with excellent rail, tube and bus links. At Stratford station you will have access to Dockland Light Railway, central line, Jubilee line and London Over-ground services Stratford International station links Stratford with stations to the South East of London via high speed bullet trains. Cross Rail is due to open in 2019. Maryland is a busy local retail Centre situated in a densely populated area with a range of local retailers and eateries. DESCRIPTION: The property comprises of a two storey building arranged as a ground floor retail trading as a betting shop with staff accommodation to the rear and separate customer male and female/disabled wc’s. Separate front access to the first floor 2 bedroom flat above. ACCOMMODATION: Address Present Accommodation Lease Terms Current Rent Next Rent Lessee Gross internal area Review/ Reversion 29-31 William Hill 10 years full repairing £25,000 (1) November 2007 Leytonstone Organisation Retail ground 1,263 sqft / 117.33 and insuring lease lease renewal Road, Limited m2 with effect from 22nd Stratford. E15 November 2007 1JA Flat (1) 29A Private lessee 2-bedroom flat 125 years lease wef £250 (2) Ground rent to Leytonstone With rear roof Terrance from 11th June 2007 increase by £250 Road, E15 1JA p/a on every 10th anniversary of the term Total £25,250 pax (1) William Hill Limited Obtained a credit score of 77/100 and reported for the year ending 30th December 2014 a turnover of £895,275.000, pretaxed profits of £284,209.000 and a total net worth of -£685,427,000. (source: Experian) (2) Ground Rent increasing to £500 pa with effect from June 2017 and to increase by £250 every 10 years thereafter. RATES: Billing Authority London Borough of Newham. Rateable Value: £25,000 Rates Payable (2015/2016): £12,000 COUNCIL TAX: 2 bed self-contained flat – banded as a band (C) CURRENT RENT RESERVE: £25,250 per annum exclusive PRICE: £390,000 for the freehold investment subject to contract and existing tenancies as above. Allowing for purchaser costs at 5.75%, would equate to a Net Investment Yield of approximately 6.1% and a Gross Yield of 6.5%. EPC: Energy Performance Conduct rating is E-120. LEGAL COSTS: Each party to bear their own legal costs incurred in this transaction, subject to the prospective purchaser solicitors undertaking to pay the landlord’s abortive costs if the prospective purchaser withdraw from the transaction. VIEWING: Strictly by appointment through the sole agent: DOBBIN & SULLIVAN AJAY TOHANI / NICK SULLIVAN TEL: 020 8221 9610 e-mail: [email protected] If you wish to view further properties on our register please visit our website www.dobbinandsullivan.com .
Load more

Recommended publications
  • Nine Luxury 4 Bedroom Family Homes, Situated in a Private Gated Development with Parking
    Nine luxury 4 bedroom family homes, situated in a private gated development with parking. TRANSPORT BY RAIL BY ROAD Stratford is a significant transport hub, well served by bus routes and railways stations. STRATFORD REGIONAL Stratford Regional is located on the National Rail Great Eastern Main Line, North London Line as well as the Lea Valley Lines. National Rail services: Abellio Greater Anglia, TfL Rail and London Overground. London Undergrounds’ Central and Jubilee Lines both service the regional station and link Stratford to Oxford Street, Wembley Stadium and Canary Wharf. The Jubilee line was extended to Stratford in 1999. The Docklands Light Railway (DLR) was extended to Stratford in 1987, and to Stratford International in 2011, with services to Poplar, Canary Wharf, Lewisham, London City Airport, the Excel Centre, Beckton and Woolwich Arsenal. A bus station is located adjacent to Stratford Regional with London Buses and National Express coach routes towards central, northeast London and Stansted Airport. STRATFORD INTERNATIONAL AND STRATFORD HIGH STREET Stratford International, located to the northwest, is on the HS1 line from St Pancras International to Kent, and is served by Southeastern domestic high speed services. The International and Regional stations are linked by a branch of the Docklands Light Railway – opened in August 2011 – which also serves a new DLR only station at Stratford High Street to the south of Stratford, situated on the site of the former Stratford Market railway station. Maryland The eastern part of Stratford is served by Maryland railway station. The Liverpool Street- Shenfield via Ilford and Romford service known as the Shenfield Metro service and runs every 10 minutes and is operated by TfL Rail.
    [Show full text]
  • Residential & Commercial National Property Auction
    RESIDENTIAL & COMMERCIAL NATIONAL PROPERTY AUCTION Thursday 15 July 2021, 12 noon Please note this auction will be streamed live online only AUCTIONS Waltham House 11 Kirkdale Road, London E11 1HP 020 7637 4000 [email protected] CITY & CITY FRINGE 020 7375 1801 EAST & NORTH LONDON 020 8520 9911 OTHER SERVICES RESIDENTIAL & COMMERCIAL SALES & LETTINGS PROPERTY & ESTATE MANAGEMENT VALUATION INSOLVENCY & RECEIVERSHIP LEASE ADVISORY DEVELOPMENT VIABILITY & CONSULTANCY LANDLORD/TENANT REPRESENTATION AFFORDABLE HOUSING LEASEHOLD REFORM CHARITY & THIRD SECTOR EXPERT WITNESS & LITIGATION PROPERTY INSURANCE COMPULSORY PURCHASE THURSDAY 15 JULY 2021 PLEASE NOTE THIS AUCTION WILL BE STREAMED LIVE ONLINE ONLY BY ORDER OF various mortgagees, receivers, public and private companies, trustees, executors, housing associations, charities and others, including: JCDecaux London Borough of Waltham Forest Housing Association Joint Fixed Charge Receivers © COPYRIGHT STRETTONS 2020. All rights are reserved. No part of this catalogue may be reproduced, stored or transmitted in any form or by any means without our prior permission. Unauthorised reproduction will result in enforcement action. 1 IMPORTANT NOTICE TO PROSPECTIVE BUYERS The notices below apply to all properties within this catalogue and are essential reading before you bid. Please also check strettons.co.uk for updates. 1 Properties are o ered subject to the “Common Auction Conditions (4th may be payable and may rise whether or not it is stated. Dimensions/areas/ Edition April 2018)” which are reproduced with the consent of the Royal accommodation supplied in legal documents such as leases and EPCs should not Institution of Chartered Surveyors. be relied upon and you should verify by your own inspection/measuring.
    [Show full text]
  • May 19, 2015 Dear All: the Next Few Weeks Will Be Busy Ones for Me Due to Work Obligations So the E‐Blast May Not Be So Regular, but I’Ll Do My Best
    May 19, 2015 Dear All: The next few weeks will be busy ones for me due to work obligations so the e‐blast may not be so regular, but I’ll do my best. I trust you were able to make it out to the Baltimore Streetcar Museum and take part in a day of fun, comrade, and riding the Trolleys and bringing back days of yesteryears. We wish to thank the Baltimore Streetcar Museum for again welcoming the WB&A to their wonderful museum. I hope you will visit often and tell others. Our next get together is Sunday, June 7 from 9‐12 at our semi‐annual Membership and swap meet at the Macon Lodge. I hope you will be able to attend and hear what the Board has been doing over the last six months and where we are going in the next six months. Due to a variety of activities taking place the weekend of our meeting, we are moving our next “How To” Session which will be on scenery! We will be providing more details soon, so watch for the information or reach out to Nada [email protected] if you’d like more information or would like to present on this subject. Paul Pullen, Editor of the Trolley is calling for your stories and hopes you’ll write something to share with the membership for the next Trolley. Paul would love to hear from you, please contact him at [email protected] The WB&A and its members are lucky in that we have many friends and Tiny Tim’s Toys & Trains is offering a Limited Edition Williams 40399 Norfolk and Western 4‐8‐4 Steam Engine & Tender #611 “j” Spirit of Roanoke with Customer Color and Letter to the WB&A – check out the flyer.
    [Show full text]
  • Crossrail Assessment of Archaeology Impacts, Technical Report
    CROSSRAIL ASSESSMENT OF ARCHAEOLOGY IMPACTS, TECHNICAL REPORT. PART 3 OF 6, NORTH-EAST ROUTE SECTION 1E0318-E1E00-00001 CONFIDENTIALITY This document contains proprietary information which shall not be reproduced without the permission of the CLRL Chief Executive Cross London Rail Links Limited 1, Butler Place LONDON SW1H 0PT Tel: 020 7941 7600 Fax: 020 7941 7703 www.crossrail.co.uk CROSSRAIL ASSESSMENT OF ARCHAEOLOGY IMPACTS TECHNICAL REPORT PART 3 OF 6, NORTH-EAST ROUTE SECTION: STRATFORD TO SHENFIELD February 2005 Project Manager: George Dennis Project Officer: Nicholas J Elsden Authors: Jon Chandler, Robert Cowie, James Drummond-Murray, Antony Francis, Pat Miller, Heather Knight, Kieron Tyler, Robin Wroe-Brown Museum of London Archaeology Service © Museum of London Mortimer Wheeler House, 46 Eagle Wharf Road, London N1 7ED tel 0207 410 2200 fax 0207 410 2201 email [email protected] Archaeology Service 16/02/2005 Crossrail Archaeological Impact Assessment: Shenfield Route Section © MoLAS List of Contents 1 Introduction 1 2 Route overview 2 2.1 Zone E: The Lea Valley (north) 2 2.1.1 Boundaries and layout 2 2.1.2 Topography and geology 2 2.1.3 Archaeological and historical background 3 2.1.4 Selected research themes 7 2.2 Zone A: East of Stratford to Goodmayes 8 2.2.1 Boundaries and layout 8 2.2.2 Topography and geology 8 2.2.3 Archaeological and historical background 8 2.2.4 Selected research themes 13 2.3 Zone B: Romford and Gidea Park 14 2.3.1 Boundaries and layout 14 2.3.2 Topography and geology 14 2.3.3 Archaeological and historical
    [Show full text]
  • September 12, 2014 Check Your Calendar, As You Can See, Tomorrow
    Dear All: September 12, 2014 Check your calendar, as you can see, tomorrow is the 13th and that means it’s time for the Vienna train show (400 Center Street South, Vienna, VA 22180), I hope you’ll be able to join us for a day of fun! As a Reminder WB&A members can get in at 8:00 a.m. with others at 9:00 a.m. After coming out to the Vienna show if you’re looking for some more fun, please visit the Vienna Train Station as they will be having an open house from 1‐5 p.m. (see 9.5.14 eblast for their flyer) and http://www.nvmr.org/ The eblasts and attachments will now be placed on the WB&A website under the “About” tab for your viewing/sharing pleasure http://www.wbachapter.org/index.html. The attachments are contained in the one PDF attached to this email in an effort to streamline the sending of this email and to ensure the attachments are able to be received. YORK’N AND TRAIN STORIES BY CLEM CLEMENT I hope you have been enjoying Clem’s York stories, attached is another story from Clem that shows why York’n is near and dear to his heart. Enjoy! 2015 TCA CONVENTION See http://tcaconvention.org/ (new website link) FALL EASTERN DIVISION YORK MEET http://www.easterntca.org/Site/documents/member _10_14.pdf Clem’s Primer can be found on the WB&A website at http://www.wbachapter.org/Clems%20Primer%20O ct14.htm Have you see the CTT YouTube from York April 2014, see https://www.youtube.com/watch?v=nj0v2cKTQjg&fe ature=youtu.be See what else you’ll be missing if you don’t come out to York at: http://www.easterntca.org/photo‐ gallery.htm WB&A 2015‐2016 ELECTION Ballots will be forthcoming and ballots will be counted at our November 1 general business meeting with results announced at same.
    [Show full text]
  • Crossrail MTR Route | Case Study
    Crossrail MTR Route | Case Study Services Supplied on Geo-Environmental Services Ltd was instructed by Invvu Construction Consultants Ltd, to undertake ground investigation supervision for 11 sites along the Crossrail MTR Route from Harold Railway Station through these Projects: to Maryland Railway Station. • Provision of a Construction Phase Plan, A series of trial holes were to be hand excavated by others to support RAMS pack and Task Briefing presenting the foundation design for the new signage. Geo-Environmental were a risk assessment and method state- required to log trial holes and potentially undertake shear vane testing ment(s) specific to the proposed inves- and/or in-situ CBR testing. tigation. • Attendance of a PTS qualified Geo-En- vironmental Engineer to log sixty-six hand dug inspection pits (excavated by others) down to 1.2m bgl, undertake in-situ testing (e.g. hand shear testing, Mexe Cone and DCP CBR) and logging of recovered soils from the exploratory holes. • Provision of factual data from each location: • Harold Wood Railway Station • Brentwood railway station • Manor Park railway station • Gidea Park Railway Station On a project such as this, where engineers are working with contractor’s personnel that they don’t know, Health and Safety is of paramount im- • Romford Railway Station portance. • Seven Kings Railway Station All personnel attending site (whether working on specific tasks, or visit- • Ilford Railway Station ing) had to comply with the safe systems of work as set out in this RAMS • Chadwell Railway Station document in order to achieve the H&S objectives. • Goodmayes Railway Station All site personnel needed to attend a site induction be presented by our • Forest Gate Railway Station Site Engineer prior to commencing works on site.
    [Show full text]