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Retail/Shop

Retail/Shop For Sale Leyton

PROPERTY ID: 139470

PROPERTY TYPE

Retail/Shop

STATUS

Under Offer

SIZE

1,626 sq.ft

Key Features

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

Property Details

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.

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About the Agent

Strettons

See Agent's Other Properties

Retail Unit

£650,000 Freehold

248 High Road, Leyton, E10 5PW
Retail/Shop - Under Offer
1,626 sq ft
151 sqm
Show phone number

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