Offers in region of
£500,000
(£371.47/sq. ft)
Retail premises for sale245 Cann Hall Road, Leytonstone E11
1,346 sq. ft
About this property
Freehold, comprising ground floor commercial and self-contained 2 bedroom flat
Total Net Income of £29,240 with opportunity for improvement
Commercial, with outstanding rent review Jan 2025
Upper floor, 2 bed flat holding over on expired AST
Asset management opportunities, including refurb of upper parts
19 minute walk to Forest Gate station offering Elizabeth Line services to City and beyond
Estimated Rates Payable: £4107
Mixed commercial and residential Freehold, in the a mid-terrace in Cann Hall Road opposite Buxton School. The ground floor commercial is let on a lease, inside the Landlord & Tenant Act 1954, at a passing rent of £12,500 per annum, with an outstanding rent review from Jan 2025. The upper parts are arranged as a 2 bedroom flat, producing £1,395pcm holding over on an expired AST. The property offers asset management opportunities for rental growth through refurbishment.
Location
Situated in a busy thoroughfare Cann Hall Road, connect Forest Gate and Leytonstone to the East, to Stratford. The property lies opposite Buxton School and within a 5 minute walk of Wanstead Flats. Forest Gate station, with Elizabeth Line connections to Liverpool Street, Farringdon and beyond is within a 19 minute walk and Wanstead Park on the Overground Suffragette Line is with 15 minutes walk.
Mortgage calculator
£2,501 per month
70+ lenders and 10,000+ products
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}