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Commercial property for sale

£1,000,000

Ley Street, Ilford IG1

Interested in this property? Call +44 1708 629050 * or

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Property features

  • Freehold investment
  • Prominent corner site P
  • Two shops, store & two offices
  • 5.34% yield
  • Development potential (stpp)
  • Approx. 2500SQ ft
  • Outskirts of ilford town centre
  • £53,400 pa current income

Property description

An opportunity to purchase the freehold to this substantial corner sited property that consists of two shops, a store room and two offices that currently provides an income of approx. £53,400 pa.

Located in an area of high footfall, less than half mile radius of of Ilford town centre and "Crossrail" station, the property could lend itself to further development (subject to planning permission) and is an ideal investment with a current yield of 5.34% based at the current asking price.

Offering approx. 2500sq ft, call for full details.

Entrance

Door and windows to:

Main Retail

23ft 9 x 18ft 9 (max)

Counter, display shelving and door to WC.

Main Shop Area

15ft 4 x 12ft 10

Door and window to flank, laminate flooring, counter, access to rear office and door to:

Shower room

Shielded shower cubicle, low flush wc, wash hand basin and tiled floor.

Second reception area

15ft 10 x 8ft 2

Single drainer sink unit with cupboards above and below, work surface and laminate flooring.

Office 1

Unmeasured

Door and window to rear, single bowl sink unit with cupboards above and below, work surface and laminate flooring, door to:

Shower room

Shielded shower cubicle, low flush wc, wash hand basin and tiled floor.

Office 2

25ft 4 x 24ft 5 (max)

Door and windows to front and flank, base and wall mounted units, door to WC.

Storage Room

26ft 9 x 18ft

Roller shutter, door and windows to front, tiled floor and store cupboard.


Estate agents note


The current owner is having plans drawn up to enlarge the property (subject to planning approval).

Property info

What Zoopla users think of Ilford

Overall rating:

  • currently 3.5 stars
Good - 74% (459 ratings)

Ratings breakdown:

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Nearby transport

  • Ilford (0.3 miles)
  • Seven Kings (0.9 miles)
  • Gants Hill (1.1 miles)
  • London City Airport (4.0 miles)
  • London Stansted Airport (23.4 miles)
  • London Heathrow Airport (23.8 miles)
  • Woolwich Ferry North Pier (4.4 miles)
  • Woolwich Arsenal Pier (4.6 miles)
  • Woolwich Ferry South Pier (4.6 miles)

Nearby schools

View all schools in Redbridge
  • Christchurch Primary School (0.2 miles)
  • Winston Way Primary School (0.3 miles)
  • The Ursuline Prep School Ilford (0.3 miles)
  • SW!TCH Borders (1.9 miles)
  • Beacon Business Innovation Hub (2.0 miles)
  • Newham College of Further Education (2.2 miles)
  • The Ursuline Academy Ilford (0.3 miles)
  • Park School for Girls (0.3 miles)
  • Seven Kings School (0.7 miles)
Note: Distances are straight line measurements

Local info for Redbridge

About the neighbours in IG1

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For more information about this property, please contact
Delaney's, RM11 on +44 1708 629050 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Delaney's, and do not constitute property particulars. Please contact Delaney's for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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