Property photos
£1,250,000
(£439.99/sq. ft)
Restaurant for sale
High Street North, London E122,841 sq. ft
Local area information
Property location
Nearby amenities
- Salisbury Primary School 0.2 miles
- Woodgrange Park 0.2 miles
- Monega Primary School 0.3 miles
- Manor Park 0.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for East Ham, Little Ilford and Upton Park to find out more about the local area.
Features and description
- Mixed use investment
- Freehold for sale
- Restaurant with banqueting hall (100 seating)
- 1 X 2 bed flat
- 1 X 3 bed duplex flat
- Fully rented
Location:
Occupying a prominent corner position at the junction of High Street North & Halley Road, this bustling commercial hub features a variety of shops, eateries, and local businesses. Notably, Hyderabad Paradise, located at this address, is renowned for its authentic Hyderabadi cuisine located in a lively area that combines cultural diversity with a wide range of amenities, making it a notable part of East Ham's community landscape.
Well-connected by public transport. Several bus routes, including the 101,104,147,238,300,325,376, and 474, serve the area, with multiple stops along the street. The nearest train station is East Ham Station, offering access to the District Line facilitating convenient travel across London.
Description:
Comprising a Restaurant with basement storage, a banqueting hall, 1 x 2 bed flat and 1 x 3 bed duplex flat both independently rented, rental schedule below:-
Tenure: Freehold subject to existing tenancies
Tenancy information:
Restaurant & Kitchen (86 m²) - 15 Years from July 2019 - Every 3 years - £40,320.00. - (£45,120.00 from July 2025)
Banqueting Hall (100 seating) - (88 m²)
Basement - (36.36 m²)
Flat above Restaurant - 2 Bed Flat - 54 m² - Yearly AST - £17,400.00
Flat above Banqueting Hall - 3 Bed Duplex (93 m²) - Yearly AST - £21,000.00
Present Total Rent - £78,720.00 - (£83,520.00 from July 2025)
Price
Guiding at £1,250,000, subject to contract and existing tenancies as above for the freehold interest.
(N.b A purchase at the July rent level will equate to a net investment yield of 6.4% and a gross investment of 6.7%)
VAT:
The property is not elected for VAT
Occupying a prominent corner position at the junction of High Street North & Halley Road, this bustling commercial hub features a variety of shops, eateries, and local businesses. Notably, Hyderabad Paradise, located at this address, is renowned for its authentic Hyderabadi cuisine located in a lively area that combines cultural diversity with a wide range of amenities, making it a notable part of East Ham's community landscape.
Well-connected by public transport. Several bus routes, including the 101,104,147,238,300,325,376, and 474, serve the area, with multiple stops along the street. The nearest train station is East Ham Station, offering access to the District Line facilitating convenient travel across London.
Description:
Comprising a Restaurant with basement storage, a banqueting hall, 1 x 2 bed flat and 1 x 3 bed duplex flat both independently rented, rental schedule below:-
Tenure: Freehold subject to existing tenancies
Tenancy information:
Restaurant & Kitchen (86 m²) - 15 Years from July 2019 - Every 3 years - £40,320.00. - (£45,120.00 from July 2025)
Banqueting Hall (100 seating) - (88 m²)
Basement - (36.36 m²)
Flat above Restaurant - 2 Bed Flat - 54 m² - Yearly AST - £17,400.00
Flat above Banqueting Hall - 3 Bed Duplex (93 m²) - Yearly AST - £21,000.00
Present Total Rent - £78,720.00 - (£83,520.00 from July 2025)
Price
Guiding at £1,250,000, subject to contract and existing tenancies as above for the freehold interest.
(N.b A purchase at the July rent level will equate to a net investment yield of 6.4% and a gross investment of 6.7%)
VAT:
The property is not elected for VAT
More information
Listed by
Countrywide Commercial
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