Property photos
Just added
Freehold
Offers in region of
£500,000
(£371.47/sq. ft)
Retail premises for sale
245 Cann Hall Road, Leytonstone E111,346 sq. ft
Local area information
Property location
Nearby amenities
- Buxton School 0.1 miles
- The Jenny Hammond Primary School 0.3 miles
- Leytonstone High Road 0.6 miles
- Wanstead Park 0.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for Cann Hall, Forest Gate and Newham to find out more about the local area.
Features and description
- Freehold
- Freehold, comprising ground floor commercial and self-contained 2 bedroom flat
- Total Net Income of £29,240 with opportunity for improvement
- Commercial, with outstanding rent review Jan 2025
- Upper floor, 2 bed flat holding over on expired AST
- Asset management opportunities, including refurb of upper parts
- 19 minute walk to Forest Gate station offering Elizabeth Line services to City and beyond
- Estimated Rates Payable: £4107
Description
Mixed commercial and residential Freehold, in the a mid-terrace in Cann Hall Road opposite Buxton School. The ground floor commercial is let on a lease, inside the Landlord & Tenant Act 1954, at a passing rent of £12,500 per annum, with an outstanding rent review from Jan 2025. The upper parts are arranged as a 2 bedroom flat, producing £1,395pcm holding over on an expired AST. The property offers asset management opportunities for rental growth through refurbishment.
Location
Situated in a busy thoroughfare Cann Hall Road, connect Forest Gate and Leytonstone to the East, to Stratford. The property lies opposite Buxton School and within a 5 minute walk of Wanstead Flats. Forest Gate station, with Elizabeth Line connections to Liverpool Street, Farringdon and beyond is within a 19 minute walk and Wanstead Park on the Overground Suffragette Line is with 15 minutes walk.
Mixed commercial and residential Freehold, in the a mid-terrace in Cann Hall Road opposite Buxton School. The ground floor commercial is let on a lease, inside the Landlord & Tenant Act 1954, at a passing rent of £12,500 per annum, with an outstanding rent review from Jan 2025. The upper parts are arranged as a 2 bedroom flat, producing £1,395pcm holding over on an expired AST. The property offers asset management opportunities for rental growth through refurbishment.
Location
Situated in a busy thoroughfare Cann Hall Road, connect Forest Gate and Leytonstone to the East, to Stratford. The property lies opposite Buxton School and within a 5 minute walk of Wanstead Flats. Forest Gate station, with Elizabeth Line connections to Liverpool Street, Farringdon and beyond is within a 19 minute walk and Wanstead Park on the Overground Suffragette Line is with 15 minutes walk.
More information
Listed by
Strettons Commercial & Industrial Agency
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