It is a mixed-use commercial property investment in Dagenham, London.
The total area of a two-storey mock Tudor building is 661 m².
The plot of 1,060 m².
The ground floor is occupied with commercial premises, the first floor accomodates 3 apartments: two 2 bedroom and one 1 bedroom lateral flats. The apartments have separate exit.
There is a parking for 5 cars in front of the building.
Absolute income is 103,200 £.
The current yield of 6,5%.
The anchor tenant is Tesco, grocery chain with nearly a century of history.
Tesco owns more than 7,000 supermarkets around the world, 3,500 of them are in the UK. The company's annual revenue exceeds £2 billion.
The lease agreement was signed in 2012 for 20 years, non-terminable for 10 years.
The second tenant of commercial premises is a Loans 2go.
The lease agreement was signed in 2012 for 5 years.
Dagenham lies within the London Borough of Barking & Dagenham, located approximately 19km to the east of the City of London.
The property is located on a retail street in the neighborhood with the bank, gym, auto-center and large residential development.
Public transport and the metro are in minute vicinity from the area.