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416 Barking Rd 316 SF Retail Building London E6 2SA $667,342 ($2,111.84/SF)
INVESTMENT HIGHLIGHTS
- Prominently located
- Heavy daytime foot traffic
- Close proximity to East Ham (Circle) and Barking (Circle & Overground).
EXECUTIVE SUMMARY
Let to a private individual originally for a term of 12 years from January 2007. The tenant is now holding over at a rent of £16,000 per annum. The rent was last reviewed in 2015 and has not increased out of goodwill so there is an opportunity for a new owner to do so or to obtain vacant possession.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
316 SF
Building Class
B
Year Built
1965
Price
$667,342
Price Per SF
$2,111.84
Tenancy
Single
Building Height
3 Stories
Building FAR
0.30
Lot Size
0.02 AC
Frontage
15’ on Barking Rd.
1 1
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416 Barking Rd
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