161-161a HIGH STREET HORNCHURCH RM11 3XS

£500,000
1,198 Sq Ft

161-161a HIGH STREET HORNCHURCH RM11 3XS

£500,000
1,198 Sq Ft
  • Ref: 161-161a HIGH STREET HORNCHURCH RM11 3XS
  • Type: Retail
  • Availability: Sold
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    Property Summary

    HORNCHURCH FREEHOLD FOR SALE
    TENANTED INVESTMENT PRIME CORNER SHOP
    WITH SELF CONTAINED 1st/2nd FLOOR OFFICES ABOVE

    Full Details

    LOCATION
    The subject property occupies a prime central location in the popular High Street, Hornchurch opposite Peacocks & Costa Coffee in this busy High Street.

    DESCRIPTION
    Prime Corner tenanted shop lying adjacent to the busy walkway leading to the Fentiman Way pay and display car park

    TENANCIES
    The Shop is let to a Greeting Cards retailer on a lease due to expire in October 2024 at a current passing rental of £18,000 pax.

    From VOA the shop extends to 111.34sqm/1198sq.ft

    1st/2nd Floor Offices
    Self contained 1st/2nd Floor Offices with access from an external staircase to the rear. The Office space is let to a Design Agency till 9th February 2025 at a current passing rental of £9,600 pax. The offices on 2 levels extend to 56.4sqm/607sq.ft approx.. we are told the tenant would like to surrender their lease early

    The offices offer a residential conversion opportunity in our opinion

    Total Current income - £27,600 pax

    • Prime trading Location
    • Offices providing a residential conversion opportunity