Summary - RETAIL SHELL ONLY,397a Eastern Avenue,ILFORD,IG2 6LR IG2 6LR
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Virtual Freehold/Long Leasehold of 999 years from 2013
- Part let to an estate agent with a secure income of £33,000 p.a., subject to upward-only rent reviews every five years
- Conveniently located just a minute's walk from Gants Hill (Central Line) Station
- Extensive visibility on the A12 with good decorative order throughout
- Spacious property spanning over 4,100 sq ft with gated rear parking
**Summary:**
Embrace the potential of this substantial mixed-use property, perfectly situated along the A12 in the vibrant Gants Hill area. Comprising two distinct commercial units, this modern space includes a prime retail front and parking, making it ideal for both investors and business occupiers. Currently, the larger unit is vacant and ready for immediate occupation, while the smaller unit is leased for steady income—great for those looking to capitalize on a prime location with a promising return on investment.
With a long lease and a rapidly growing multicultural community, this property provides a wealth of development opportunities. The building lies in a bustling commercial district with popular retailers like Sainsbury’s and Tesco Express within arm’s reach, enhancing foot traffic and business potential. Plus, accessibility is a breeze, with unparalleled connections to Central London.
However, as with any investment, consider the future logistics and market dynamics of the area. The existing condition offers minimal upkeep, allowing you to focus resources on growing your venture right away. Don’t miss out on this unique opportunity to invest in a substantial commercial property in a thriving location!
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