Property photos
Freehold
From
£650,000
(£399.75/sq. ft)
Retail premises for sale
248 High Road, Leyton E101,626 sq. ft
Local area information
Property location
Nearby amenities
- Leyton 0.2 miles
- Noor Ul Islam Primary School 0.3 miles
- Lantern of Knowledge Secondary School 0.4 miles
- Leyton Midland Road 0.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for East Village, Leyton and Stratford to find out more about the local area.
Features and description
- Freehold
- Mixed commercial and residential freehold, comprising shop and 2 flats
- The residential upper parts are offered with full vacant possession upon completion
- Ground floor shop let at £25,000pax, subject to a 10 year lease from 2023 and 4 year review pattern (next review April 2027)
- Asset management opportunities including refurbishment of uppers to improve potential rental income
- Within a 5 minute walk of Leyton tube station (Central Line services)
Description
An unbroken mixed use building arranged as retail at ground and two residential apartments above. The retail property is let subject to a 10 year lease, inside the Landlord & Tenant Act, from 2023. There is a rent review in 2028. The upper parts comprise 1 x studio flat and 1 x one bedroom flat and are offered vacant. The flats had previously been generating a total of £26,000pa income, with opportunity to improve rental return by way of refurbishment.
Location
Situated on prominent parade on High Road Leyton, close to Leyton Underground Station. The surrounding area has a high density of retail and leisure and is densely populated. Leyton High Road is popular local shopping destinations and many national retailers are represented nearby including Tesco, Iceland, Savers, Poundstretcher, Costa, Domino's & kfc. There are easy access road links to Central London via A104 and A10, as well as underground connection via Leyton underground station.
An unbroken mixed use building arranged as retail at ground and two residential apartments above. The retail property is let subject to a 10 year lease, inside the Landlord & Tenant Act, from 2023. There is a rent review in 2028. The upper parts comprise 1 x studio flat and 1 x one bedroom flat and are offered vacant. The flats had previously been generating a total of £26,000pa income, with opportunity to improve rental return by way of refurbishment.
Location
Situated on prominent parade on High Road Leyton, close to Leyton Underground Station. The surrounding area has a high density of retail and leisure and is densely populated. Leyton High Road is popular local shopping destinations and many national retailers are represented nearby including Tesco, Iceland, Savers, Poundstretcher, Costa, Domino's & kfc. There are easy access road links to Central London via A104 and A10, as well as underground connection via Leyton underground station.
More information
Listed by
Strettons Commercial & Industrial Agency
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