1/4
Investment

Investment To Let ILFORD

PROPERTY ID: 97573

PROPERTY TYPE

Investment

STATUS

Sold

SIZE

2,819 sq.ft

Key Features

Rare opportunity to acquire a secure long income roadside investment opportunity in a prime east London location
Located on the A12, in close proximity to the North Circular in Gants Hill
Purpose built drive-thru restaurant of 2,819 Ft2 GIA / 2,314 Ft2 NIA on a 0.377 acre site with a low 23% coverage
Let to Zing Leisure Ltd (t/a Burger King) on a new 20-year lease with 19.5 years unexpired, at a rent stepping to £110,000 per annum exclusive (subject to top up by the vendor)

Property Details

Offers Invited In Excess Of £2,000,000 (two Million Pounds), Representing A Net Initial Yield Of 5.15% Assuming Purchaser’s Costs Of 6.38%. The Property Is Situated On The South Side Of Eastern Avenue (a12) Dualcarriageway In-between The Redbridge Roundabout Junction With The North Circular (a406) And The Gants Hill Roundabout Junction With Woodford Avenue (a1400). The Area Has Good Public Transport Links Via Redbridge Station (1.24km West) And Gants Hill Underground Station (0.2km To The East), Both Giving Access To The Central Line. The Building Is Of Steel Framed Construction And Benefits From Excellent Natural Light And Active Frontage To The A12. The Building Comprises Of An Open Plan Dining Area, Commercial Kitchen With Extract, Associated Wc And Staff Amenity Space. The Existing Fitout Is Compliant With The Most Recent Burger King Branding Guidelines.

About the Agent

Investment Unit

POA

374-404 Eastern Avenue, ILFORD, IG2 6NQ
Investment - Sold
2,819 sq ft
262 sqm
Show phone number

Enquiry Form

Boxpod will only use your details to send an enquiry to the advertiser and prompt a response. By clicking the Send Enquiry button, you agree to Boxpod's Privacy Policy Please wait for a response. It may take several seconds.

Similar to this property

To Buy
£1950000 Freehold

Seven Kings, IG3 8BU

Investment

To Buy
£5900000 Freehold

Newham, E7 8BA

Investment

To Buy
£750000 Freehold

Woolwich, SE18 6LZ

Investment

To Buy
POA

Woolwich, SE18 6RS

Investment

To Buy
£500000 Freehold

London, E2 7SJ

Investment

To Buy
£1200000 Freehold

London, EC2M 4QD

Investment

To Buy
POA

London, SE1 3PL

Investment

To Buy
£310000 Freehold

London, EC1A 9EJ

Investment

To Buy
£310000 Freehold

London, SE1 5AA

Investment

To Buy
£525000 Freehold

London, SE12 8LP

Investment

To Buy
£525000 Freehold

London, SE12 8LP

Investment

To Buy
£4250000 Freehold

Fitzrovia, W1T 1UL

Investment

To Buy
£5300000 Freehold

London, NW6 1HY

Investment

To Buy
POA

London, W5 5JN

Investment

To Buy
POA

Kingston-Upon-Thames, KT2 5JG

Investment

To Buy
£400000 Freehold

Rochester, ME2 4GU

Investment

To Buy
£415000 Freehold

Rochester, ME2 4GU

Investment

To Buy
POA

Gillingham, ME7 1FU

Investment

To Buy
POA

Redhill, RH1 6SH

Investment