10+ bed commercial for sale

£2,000,000

Sunrise Ave, Hornchurch, London, RM12 4YS

Bedrooms10+TypeCommercialRent pcm9200FurnishedUnfurnished
TenureFreeholdGround rentService charge
Tenanted/VacantVacantAST details N/A
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Former Care Home with 23 bedrooms (virtually all with ensuite), commercial boiler and stainless steel kitchen, 8 person lift, 5-6 off-road parking spaces (with unzoned street parking adjacent), communal lounges, office, rear garden and storage outbuildings.

This property is in good decorative order and is potentially suitable for HMO, emergency accommodation or guest house use (planning permission and licensing is required).

The asking price is a guide and offers are invited including those conditional upon planning approval and licensing. The rental income and yield are estimates based on a very reasonable £100/wk/room and 100% occupancy.

The property is vacant and there is no current income stream nor tenancies. This property is in the St.Andrew's Ward and is currently (9th Mar 2020) outside the area designated for Additional HMO Licensing.

Please contact for a viewing at your earliest opportunity.


Contact the Landlord / Seller about this property



Gross yield calculator

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5.52%

Nearest stations

Emerson Park 0.5 milesUpminster 1.2 milesGidea Park 1.5 milesRomford 1.9 milesDistances are straight line measurements