Mixed use for sale

Harper Mason is delighted to present this prime mixed-use property, prominently located at 292 High Road Leyton, E10 5PW. Occupying a corner plot on Leyton's bustling High Street, this property offers a rare investment opportunity with multiple income streams and asset management potential. The property comprises a fully operational café with an A3 license, a studio flat on the ground and basement levels, and four spacious, self-contained studio apartments across the first and second floors.

Key Features:

• Fully Functioning Café (Royal Cafe): Occupying the ground floor, basement, and garden annex (Studio Flat), the café benefits from an A3 license and is currently let on a 15-year lease with 10 year unexpired terms.
• Residential Units: Four large self-contained studio flats spread across the first and second floors, with separate access via the side of the property. All units are let on 1-year rolling ASTs.
• Prime Location: Situated on a high-street corner plot, the property overlooks the renowned Coronation Gardens and Leyton Orient football grounds.
• Excellent Transport Links: A 5-minute walk from Leyton Station (Zone 3), providing easy access to Central London and beyond.
• Investment Potential: Current rental income of approximately £80,000 per annum, with a potential net initial yield (NIY) of 6.28%. Underwrite guidance is available.
• Additional Opportunities: Multiple asset management possibilities to further enhance the property's value.

Location: High Road Leyton is a vibrant and well-connected area in East London, offering a mix of retail, dining, and residential amenities. The property’s prime corner location ensures excellent visibility and foot traffic, making it ideal for commercial tenants and attractive to residential occupants alike.

Local Highlights:

• Coronation Gardens: A picturesque park providing green space and recreational facilities directly opposite the property.
• Leyton Orient Football Club: The home ground of Leyton Orient Football Club is nearby, attracting visitors and boosting local footfall. The Café benefits from traffic driven by patrons of the club.
• High-Street Amenities: A wide array of shops, restaurants, and cafes line High Road Leyton.

Transport Links:

• Leyton Station (Zone 3): Just a 5-minute walk, offering Central Line services for fast connections to Central London, Stratford, and beyond.
• Bus Services: Numerous bus routes operate in the area, providing convenient access to neighbouring areas.
• Road Connectivity: Excellent access to major road networks, including the A12 and A406.

Investment Summary: This mixed-use property represents an exceptional investment opportunity with diversified income streams and significant potential for capital appreciation. The combination of a fully operational café, residential units, and its prime location ensures long-term tenant demand and robust rental returns.

For further information or to arrange a viewing, please contact Harper Mason.