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Situated in a parade, excellent main road trading position, LONDON, E (Please register to make appointments and view addresses)

DOUBLE FRONTED SHOP currenty trading as Fish & Chips with rear preparation area and staff cloakroom.

We understand the shop is let on a full repairing and insuring lease having approximately 15 years unexpired at a current rental of £12,000 p.a. exclusive of rates, due for rent review in March, 2008 and we understand from the present landlord that the rent should increase to £14,000 p.a. up to March, 2012 with a further rent review at that time and thereafter every 4 years.

Included in the sale are 2 Flats.

Flat No. 1 situated on the first floor comprising a SELF CONTAINED FLAT, DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING. This flat is at present let on a shorthold tenancy and provides a rental of £650 per month. The flat comprises:

2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. and wash hand basin
Living room with fitted kitchen area

Flat No.2 situated on the second floor, DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING, is also at present let on a shorthold tenancy and provides a rental income of £600 per month. This flat also comprises:

2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. and wash hand basin
Lounge with fitted kitchen area

It should be noted that situated to the rear of the shop is an additional SELF CONTAINED FLAT we understand with planning permission to be utilized as a staff rest area. This comprises:

1 Double Bedroom
Bathroom with bath, w.c. and wash hand basin
Lounge plus kitchen area

Parking space for 1 car

OUTSTANDING OPPORTUNITY TO ACQUIRE A VALUABLE FREEHOLD INVESTMENT IN THIS EXCELLENT MAIN ROAD TRADING POSITION.

RECOMMENDED FOR EARLY INSPECTION

OFFERS INVITED TO INCLUDE THE VALUABLE FREEHOLD PROPERTY £495,000 subject to contract.
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT