Retail property (high street) for sale
Property description & features
- Tenure: Freehold
- Unbroken Freehold
- Fully let and income producing £91,800 per annum
- Asset management and potential for residential rental growth
- Within 9 minute walk of Leyton Midland station (Overground services)
- A 17 minute walk (under 10 mins by bus) to Walthamstow Central station (Victoria Line tube connections)
- Recently developed and refurbished upper parts, to a good quality standard
An unbroken 5-storey building arranged as retail at ground and residential across four upper floors. The building is fully occupied and income producing a total of £91,800 per annum. The shop is leased on a 20 year agreement, inside the Landlord & Tenant Act, with no breaks, from 2022. Each flat is let on a 12 month AST, and the sale is proposed with tenants in situ.
Location
Situated on the eastern side of High Road Leyton, close to the Bakers Arms junction. The surrounding area has a high density of retail and leisure and is densely populated. Both the High Road and Bakers Arms junction are popular local shopping destinations and many national retailers are represented nearby including Tesco, Iceland, Savers, Poundstretcher, Costa, Domino's & KFC. There are easy access road links to Central London via A104 and A10, as well as Overground connection via Leyton Midland Road nearby.
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