£1,500,000

Retail premises for sale

  1.  Rubys Plaza 1.Png
  2.  Rubys Plaza 2.Png
  3.  Ilford Lane 80 140113  10.Jpg
Freehold

£1,500,000

(£538.02/sq. ft)

Retail premises for sale

Ruby's Plaza, 80 Ilford Lane, London IG1

2,788 sq. ft

Local area information

Property location

Nearby amenities

  • Cleveland Road Primary School 0.1 miles
  • Winston Way Academy 0.2 miles
  • Ilford 0.3 miles
  • Barking 1.1 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Barking to find out more about the local area.

Features and description

  • Freehold
Key Points

  • Income producing arcade with multiple tenants.
  • Asset Management Opportunity.
  • Prominent position with excellent footfall.
  • Approximately 500 metres from Ilford Station (Elizabeth line)

  • Description

    The subject property is a brick built 3 storey premises with pitched roof. The property sits on a mid-terrace position on a busy parade that is laid out as a plaza. Internally, there are 11 separate units, each with their own security shutter, CCTV and lighting. The first floor comprises a large office and the basement benefits from shared facilities including WC’s and a kitchenette.

    Location

    The property is situated in a popular parade on Ilford Lane (A123) close to the junction with Bengal Road. Ilford Lane provides a link from Ilford town centre into Barking. There is wide variety of shops along the main road which encourages a large footfall in this location. There are a number of bus routes that run along with road, providing access to many areas around east London and Essex. Within 500 meters is Ilford station (Elizabeth
    Line) that provides access into Stratford within 12 minutes, Liverpool Street within 24 minutes and and approximately 1 hour to Heathrow Airport. The area also benefits from excellent roads links with the A12 and A13 a short distance away, leading to the M11 and M25 motorways. The property is in close proximity to a variety of shops, restaurants, and supermarkets including Sainsbury’s. The property also benefits from an abundance
    of local amenities with Parks and leisure facilities.

    Tenure

    Freehold - Subject to existing tenancies.

    EPC

    An EPC is available on request

    VAT

    This building is not elected for VAT

    Price

    Offers in the region of £1,500,000 for the freehold interest. Only unconditional offers will be considered.

    Anti Money Laundering Procedures

    In accordance with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 the Purchaser will be required to comply with our Anti Money Laundering Policy. Further details on request.

    More information

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    Property descriptions and related information displayed on this page are marketing materials provided by - Dobbin & Sullivan. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Dobbin & Sullivan for full details and further information.

    1. Zoopla
    2. Commercial for sale
    3. Essex
    4. East London
    5. Redbridge (London Borough)
    6. Ilford
    7. Ilford Lane

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