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307 Wood Ln 550 SF Retail Building Dagenham RM8 3NH $392,726 ($714.05/SF)
Investment Highlights
- Located on a busy parade with high footfall
- Strong transport links with Chadwell Heath and Dagenham East within walking distance
- Excellent visibility
Executive Summary
An opportunity to acquire the freehold interest of this retail and residential investment on a prominent retail parade. The property comprises a ground-floor takeaway unit let at £15,000 per annum and a four room maisonette on the first floor. The property is located on a busy thoroughfare with strong footfall and established neighbouring occupiers benefitting from excellent road and rail connectivity with Chadwell Heath and Dagenham East within close proximity as well as the M25 and M11 within an easily accessible distance. The property is available by auction at a guide price of £295,000.
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
550 SF
Building Class
B
Year Built
1950
Price
$392,726
Price Per SF
$714.05
Tenancy
Single
Building Height
3 Stories
Frontage
12’ on Wood Lane
Amenities
- Security System
- Automatic Blinds
- Storage Space
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Nearby Major Retailers
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307 Wood Ln
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