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116 Barking Road, Canning Town, London, E16 1EN
1,410 Sq Ft / Land
Withdrawn - Last updated: 20 September 2017
An opportunity to acquire three good quality retail assets located in Clapham High Street, Barking Road Canning Town and The Market Rose Hill, Sutton.
Income secured against Leases to Instant Cash Loans Limited, trading as The Money Shop who provide cheque encashment, unsecured and secured lending, including pawn broking, together with the buying of gold, cheque encashment, money transfers and foreign exchange services. Instant Cash Loans Limited is authorised and regulated by the Financial Conduct Authority Ref No: 681750.
The Money Shop has a strong High Street and online presence with a network of 230+ stores throughout the UK.
The premises and all held on Full Repairing and Insuring Leases with unexpired terms of approximately five years. All Leases are coterminous, expiring 23 August 2022.
Rent reviews due on all three properties 24 August 2017.
Potential for conversion of upper parts, subject to planning.
Total rental income £XXX per annum exclusive, offering excellent prospects for rental growth.
( Agency Pilot Software Ref: 118 )
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