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Just added
Auction
Freehold
Guide price
£5,000,000
Retail premises for sale
A Portfolio Of Properties At, 625 To 633 High Road, Seven Kings, Ilford, Essex IG3Local area information
Property location
Nearby amenities
- Seven Kings 0.1 miles
- The Palmer Catholic Academy 0.2 miles
- Ark Isaac Newton Academy 0.3 miles
- Goodmayes 0.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
For sale by auction 10/07/2025 £5,000,000 plus
A mixed-use investment opportunity currently producing £391,332 per annum
Location & Description
This is a rare opportunity to acquire a substantial freehold block with diversified income across residential, retail, commercial, and warehouse uses in a prime East London location. The property benefits from long-term leases, rental uplift potential, and possible redevelopment opportunities.
An outstanding freehold investment opportunity in the heart of Seven Kings, comprising a mix of 14 residential flats, 3 retail shops, 3 warehouse units and 2 basement units.
To the rear of the property is a private car park capable of accommodating approximately 20 vehicles, this space provides further asset management opportunities, or possible future development, subject to the necessary consents.
The current income from the entire property amounts to £32,611 per calendar month, equating to £391,332 per annum. The property is held freehold and benefits from a consistent tenant base, with many tenants having been in occupation for a number of years.
The properties are situated directly opposite Seven Kings Mainline Station, offering swift access to London Liverpool Street in approximately 21 minutes via the Elizabeth Line.
Lease Details
The commercial element includes three retail units. 629 is occupied by a peri peri takeaway and produces £1,950 per month on a lease expiring 1 April 2027; this lease is contracted outside the security of tenure provisions of the Landlord and Tenant Act 1954. 631 is let to a burger takeaway at a rent of £1,825 per month, with a lease subject to review on 29 September 2027. Unit 633 is let to Sue Ryder, a national charity with over 300 branches, paying £1,958 per month under a lease expiring 28 April 2027. The income from the shops is £5,733 per month.
The three warehouse units are situated to the rear and within the main buildings, offering a total of 8,650 sq ft of space. 627 is let to a carpet warehouse at £3,000 per month, covering 4,050 sq ft. 627B is occupied by an after-school club and generates £1,770 per month for 2,250 sq ft. The third warehouse, located at the rear of 633, is also let to a carpet retailer at £1,333 per month, occupying 2,350 sq ft. Lease reviews and expiries range between 2027 and beyond, offering security of income and future rent growth potential. The total warehouse income is £6,103 per month.
In the basement areas, 625C is let as office accommodation at £1,200 per month, with the lease running to 24 June 2027. 629B is a commercial kitchen let at £1,400 per month, with a lease term ending on 12 November 2029. The income from the basement units is £2,600 per month.
A mixed-use investment opportunity currently producing £391,332 per annum
Location & Description
This is a rare opportunity to acquire a substantial freehold block with diversified income across residential, retail, commercial, and warehouse uses in a prime East London location. The property benefits from long-term leases, rental uplift potential, and possible redevelopment opportunities.
An outstanding freehold investment opportunity in the heart of Seven Kings, comprising a mix of 14 residential flats, 3 retail shops, 3 warehouse units and 2 basement units.
To the rear of the property is a private car park capable of accommodating approximately 20 vehicles, this space provides further asset management opportunities, or possible future development, subject to the necessary consents.
The current income from the entire property amounts to £32,611 per calendar month, equating to £391,332 per annum. The property is held freehold and benefits from a consistent tenant base, with many tenants having been in occupation for a number of years.
The properties are situated directly opposite Seven Kings Mainline Station, offering swift access to London Liverpool Street in approximately 21 minutes via the Elizabeth Line.
Lease Details
The commercial element includes three retail units. 629 is occupied by a peri peri takeaway and produces £1,950 per month on a lease expiring 1 April 2027; this lease is contracted outside the security of tenure provisions of the Landlord and Tenant Act 1954. 631 is let to a burger takeaway at a rent of £1,825 per month, with a lease subject to review on 29 September 2027. Unit 633 is let to Sue Ryder, a national charity with over 300 branches, paying £1,958 per month under a lease expiring 28 April 2027. The income from the shops is £5,733 per month.
The three warehouse units are situated to the rear and within the main buildings, offering a total of 8,650 sq ft of space. 627 is let to a carpet warehouse at £3,000 per month, covering 4,050 sq ft. 627B is occupied by an after-school club and generates £1,770 per month for 2,250 sq ft. The third warehouse, located at the rear of 633, is also let to a carpet retailer at £1,333 per month, occupying 2,350 sq ft. Lease reviews and expiries range between 2027 and beyond, offering security of income and future rent growth potential. The total warehouse income is £6,103 per month.
In the basement areas, 625C is let as office accommodation at £1,200 per month, with the lease running to 24 June 2027. 629B is a commercial kitchen let at £1,400 per month, with a lease term ending on 12 November 2029. The income from the basement units is £2,600 per month.
More information
Listed by
Strettons Auctions - Commercial
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