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Floorplans (
MapOffers in excess of
£1,650,000Mixed use for sale
Barking Road, , Plaistow
Mixed use
Key information
Tenure: Freehold
Council tax: Ask agent
Features and description
- Mixed Use Investment Opportunity
- Offered Chain Free
- Two x 2-Bedrom & Two x 1-Bedroom Flats
- Secure Parking
- Substantial Corner Building
- Great Location for Transport, Shops & Schools
- Potential for Further Development (S.T.PP)
- Income £123,200 Per Annum
- Commercial Unit
- Fully Let
Investment Opportunity.
A fantastic opportunity to acquire this Freehold mixed-use investment building comprising of four residential flats, a self-contained commercial unit and a secure yard for parking. The entire building is tenanted and currently achieving £123,200 per annum, in our opinion making it a great investment opportunity.
The ground floor commercial unit is currently let to Age concern UK at a rent of £50,000 per annum (negotiations are currently taking place regarding renewal) . The secure car park is let separately at £6,000 per annum and the two x 2-Bedroom and two x 1-Bedroom well-presented flats are achieving £67,200 per annum. There may be the scope to develop this site further, or apply for change of use, subject to the usual planning consents.
The building occupies a corner plot on the busy Barking Road with superb footfall, excellent transport links and a huge range of local amenities. Please contact us for more information or to arrange an inspection. Offers over £1,650,000 are invited for the Freehold interest.
A fantastic opportunity to acquire this Freehold mixed-use investment building comprising of four residential flats, a self-contained commercial unit and a secure yard for parking. The entire building is tenanted and currently achieving £123,200 per annum, in our opinion making it a great investment opportunity.
The ground floor commercial unit is currently let to Age concern UK at a rent of £50,000 per annum (negotiations are currently taking place regarding renewal) . The secure car park is let separately at £6,000 per annum and the two x 2-Bedroom and two x 1-Bedroom well-presented flats are achieving £67,200 per annum. There may be the scope to develop this site further, or apply for change of use, subject to the usual planning consents.
The building occupies a corner plot on the busy Barking Road with superb footfall, excellent transport links and a huge range of local amenities. Please contact us for more information or to arrange an inspection. Offers over £1,650,000 are invited for the Freehold interest.
About this agent
Lifestyle Property Agents - Royal Docks
Ebb Court, 1 Albert Basin Way
Royal Docks, London
E16 2QN
020 8115 1664LIFESTYLE PROPERTY IS AN INDEPENDENT SALES AND LETTINGS AGENCY WITH AN ENVIABLE REPUTATION FOR PROFESSIONALISM, FRIENDLINESS, HONESTY AND TRANSPARENCY. Lifestyle Property is independently owned and managed. This means that not only is our success directly related to your satisfaction but you can expect a tailor made personal service adapted to your needs. We understand that your property is probably the most valuable possession you own, so it makes sense for you to take advantage of our 25 years’ combined experience in property sales, letting & management across the whole of East London.