£195,000

Property for sale

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Sold STC
Freehold

£195,000

(£278.57/sq. ft)

Property for sale

High Road, Leyton, London E15

700 sq. ft

Local area information

Property location

Nearby amenities

  • Leyton 0.1 miles
  • Downsell Primary School 0.2 miles
  • Education Links 0.4 miles
  • Stratford International 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, Stratford and Olympic Park to find out more about the local area.

Features and description

  • Freehold
  • Freehold investment
  • Ground floor lock-up shop with agreed rent of £12,000 per annum
  • Flat above sold off on a 99 year lease from March 1988
  • High Road location
** freehold shop investment for sale ** - The property is situated on High Road, Leyton, on an established shopping parade comprising a variety of local occupiers. Leyton Underground Station (Central Line) is less than 0.1 miles from the premises and the area is served by local buses. Comprising a ground floor lock-up shop and basement which is currently trading as a money transfer/mobile phone shop. On the first and second floor is a self-contained flat which is sold off on a long lease. The shop and basement are held on a 12 year full repairing and insuring lease from December 2017, subject to 4 yearly rent reviews. The current rent has been agreed at £12,000 per annum. The residential upper part is sold off on a 99 year lease from March 1988 at a ground rent of £150 per annum. Please call Clarke Hillyer on for further information.

Location

The property is situated on High Road Leyton, on an established shopping parade comprising a variety of local occupiers. Leyton Underground Station (Central Line) is less than 0.1 miles from the premises and the area is served by local buses.

Description

Comprising a ground floor lock-up shop and basement which is currently trading as a money transfer/mobile phone shop. On the first and second floor is a self-contained flat which is sold off on a long lease. The accommodation is more particularly described as follows:
Sales area: 258 sq ft (24 sq m).
Lobby/kitchen/office: 126 sq ft (11.8 sq m).
Rear Office: 139 sq ft (13 sq m).
Basement: Not inspected.
Rear yard.
External w/c.

All measurements quote are approximate only.

Leases

The shop, yard and basement are held on a 12 year full repairing and insuring lease from December 2017, subject to 4 yearly rent reviews. The current rent has been agreed at £12,000 per annum.
The residential upper part is sold off on a 99 year lease from March 1988 at a ground rent of £150 per annum.

Terms

The freehold is available, subject to the existing leases, for £195,000.

Business Rates

The London Borough of Waltham Forest have informed us of the following in respect of the shop:

2023 Rateable Value: £8,000

Viewings

Strictly via sole agents Clarke Hillyer, tel .

Epc

An Energy Performance Certificate has been ordered and will be available in due course.

Floor plans and tours

Floor plans (1)

Floor plan 1

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Clarke Hillyer. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Clarke Hillyer for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. London
  4. East London
  5. Stratford
  6. High Road Leyton