Sold
£475,000
1,018 Sq Ft

5 & 5a High Street

Hornchurch, RM11 1TP

Key Points

  • Freehold offered with ground floor retail / office let, and ground and first floor flat subject to an AST
  • Located in Hornchurch town centre in the London Borough of Havering
  • Ground floor commercial unit is let at £11,040 pa, and self contained flat is let at £1,050pcm
  • With front display forecourt and rear yard

Description

The property comprises a two detached property of traditional brick construction, made up of a ground floor office / retail and ground and first floor 2 bedroom flat. The shop is trading as 'Stephen James Estate Agents and Letting Agents.'

The retail / office provide accommodation to the ground floor level. The internal accommodation includes a sales area, rear kitchenette, meeting room and WC facilities.

The flat is accessed via a front door to the left side of the shop. To the ground floor there is a lobby area. An entrance lobby leads to a staircase to the first floor. The first floor includes lounge, kitchen, 2 x bedrooms and bathroom.

We understand the services are split between the flat and shop. Electricity, water, gas and drainage services to the flat. Electricity, gas, water and drainage to the ground floor.

At the front of the property of the property there is a front display area. To the rear of the property is a small yard area.

Location

The property is located on at the start of High Street, Hornchurch in the London Borough of Havering. The property is located within the main shopping and commercial area in Hornchurch town centre.

The location is a short distance from the various amenities in Hornchurch town centre, including occupiers such as Lidl, KFC, Sainsburys, Anytime FItness, Costa, Nando's, etc.

Hornchurch train station is approximately 0.5 mile away. There are various bus routes on High Street Hornchurch which link across Havering and into neighbouring London borough's.

Tenure

The property is offered for sale on a Freehold basis. Freehold - Title Numbers EGL27021 and EGL354642.

Tenancy Details

The ground floor retail will be offered subject to an informal tenancy at a current rent of £11,040 pa.

The flat is let out on the basis of an Assured Shorthold Tenancy (AST) at a rent of £1050pcm until December 2023. We would anticipate the flat could be re-let at around £1,200pcm.

Price

£475,000. We understand VAT is not payable on the purchase price.

Legal Costs

Each party to bear their own legal costs incurred in this transaction.

Identity Checks

In order to comply with Anti-Money Laundering Legislation, the successful purchaser will be required to provide certain identification documents. The required documents will be confirmed to and requested from the successful purchaser.

Available Area

Floor/Unit Description Sq Ft Rent Service Charge Availability
gRetail / Office486--Sold
gFlat (lounge, kitchen 2 x bedrom and bathroom)532--Sold
Total 1018

Enquire now

Enter your details and we will get back to you. Alternatively, get in touch below…

t: enquiries@smcbrownillvickers.com
e: +44 (0)114 273 8377

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