£195,000
(£278.57/sq. ft)
Property for saleHigh Road, Leyton, London E15
700 sq. ft
Sold STC
Freehold
About this property
Freehold investment
Ground floor lock-up shop with agreed rent of £12,000 per annum
Flat above sold off on a 99 year lease from March 1988
High Road location
** freehold shop investment for sale ** - The property is situated on High Road, Leyton, on an established shopping parade comprising a variety of local occupiers. Leyton Underground Station (Central Line) is less than 0.1 miles from the premises and the area is served by local buses. Comprising a ground floor lock-up shop and basement which is currently trading as a money transfer/mobile phone shop. On the first and second floor is a self-contained flat which is sold off on a long lease. The shop and basement are held on a 12 year full repairing and insuring lease from December 2017, subject to 4 yearly rent reviews. The current rent has been agreed at £12,000 per annum. The residential upper part is sold off on a 99 year lease from March 1988 at a ground rent of £150 per annum. Please call Clarke Hillyer on for further information.
Location
The property is situated on High Road Leyton, on an established shopping parade comprising a variety of local occupiers. Leyton Underground Station (Central Line) is less than 0.1 miles from the premises and the area is served by local buses.
Description
Comprising a ground floor lock-up shop and basement which is currently trading as a money transfer/mobile phone shop. On the first and second floor is a self-contained flat which is sold off on a long lease. The accommodation is more particularly described as follows:
Sales area: 258 sq ft (24 sq m).
Lobby/kitchen/office: 126 sq ft (11.8 sq m).
Rear Office: 139 sq ft (13 sq m).
Basement: Not inspected.
Rear yard.
External w/c.
All measurements quote are approximate only.
Leases
The shop, yard and basement are held on a 12 year full repairing and insuring lease from December 2017, subject to 4 yearly rent reviews. The current rent has been agreed at £12,000 per annum.
The residential upper part is sold off on a 99 year lease from March 1988 at a ground rent of £150 per annum.
Terms
The freehold is available, subject to the existing leases, for £195,000.
Business Rates
The London Borough of Waltham Forest have informed us of the following in respect of the shop:
2023 Rateable Value: £8,000
Viewings
Strictly via sole agents Clarke Hillyer, tel .
Epc
An Energy Performance Certificate has been ordered and will be available in due course.
Location
The property is situated on High Road Leyton, on an established shopping parade comprising a variety of local occupiers. Leyton Underground Station (Central Line) is less than 0.1 miles from the premises and the area is served by local buses.
Description
Comprising a ground floor lock-up shop and basement which is currently trading as a money transfer/mobile phone shop. On the first and second floor is a self-contained flat which is sold off on a long lease. The accommodation is more particularly described as follows:
Sales area: 258 sq ft (24 sq m).
Lobby/kitchen/office: 126 sq ft (11.8 sq m).
Rear Office: 139 sq ft (13 sq m).
Basement: Not inspected.
Rear yard.
External w/c.
All measurements quote are approximate only.
Leases
The shop, yard and basement are held on a 12 year full repairing and insuring lease from December 2017, subject to 4 yearly rent reviews. The current rent has been agreed at £12,000 per annum.
The residential upper part is sold off on a 99 year lease from March 1988 at a ground rent of £150 per annum.
Terms
The freehold is available, subject to the existing leases, for £195,000.
Business Rates
The London Borough of Waltham Forest have informed us of the following in respect of the shop:
2023 Rateable Value: £8,000
Viewings
Strictly via sole agents Clarke Hillyer, tel .
Epc
An Energy Performance Certificate has been ordered and will be available in due course.
.jpeg){kind=logo}