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AGENT'S DETAILS


Investment FOR SALE Ground Floor Shop & 4 x 1 Bed Apartments

For sale: £975,000.00|Residential, Mixed use, Other Property Types & Opportunities

PROPERTY DETAILS

FOR SALE£975,000.00
ADDRESSHigh Road Leytonstone
TYPEResidential, Mixed use, Other Property Types & Opportunities
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON7th July 2020

DESCRIPTION

Location:
Located on a mixed use parade of shops on Leytonstone High Road, and being only a short bus or car journey to the Queen Elizabeth Olympic Park, Copper Box Arena and The Theatre Royal (Stratford). Leytonstone underground station (central line) is very close by allowing for easy access to other parts of London.

Description:
The property consists of a ground floor lock up shop currently trading as beauty salon. The rest of the property is residential. There is a one bedroom apartment with its own outside space on the ground floor. The upper parts consist of three further one-bedroom apartments on each level, they were converted in 2014 and we are told by our client all have their own separate utilities.

Proposed purchasers are advised to make their own enquiries as to the planning status of the flats.

Dimensions: & Tenancies

Shop (ground floor) has a Net Internal Area of 29 sq. m (309 sq.
ft.) and an Area ITZA of 25.46 sq. m (274 sq.ft).

Flat A (rear ground floor) has a Gross Internal Area of approximately 24
sq. m. (265 sq. ft.) and has a rear private patio.

Flat 1 (first floor) has a Gross Internal Area of approximately 40 sq. m.
(435 sq. ft.)

Flat 2 (second floor) has a Gross Internal Area of approximately 46 sq. m.
(492 sq. ft.)

Flat 3 (third floor) has a Gross Internal Area of approximately 38 sq. m.
(407sq. ft.)

N.B: PLEASE NOTE ALL MEASUREMENTS ARE APPROXIMATIONS

Shop - 5 Year Lease from 01/07/2018 - Rent £11,000 PA
Flat A - 36 month AST from 25/09/2017 - Rent £13,140 PA
Flat 1 - 36 month AST from 30/03/2017 - Rent £13,104 PA
Flat 2 - 12 month AST from 20/07/2015 - Rent £13,461 PA
Flat 3 - 36 month AST from 03/08/2016 - Rent £12,305 PA

Total: £63,010 per annum

Price:
FREEHOLD - £975,000

EPC:
Available upon request

Costs:
Both sides to pay own legal costs

Viewing Details:
Strictly via prior appointment with owners SOLE agents Treewood no direct contact or unaccompanied visits to the property will be accepted.

LOCATION

Location: High Road Leytonstone

Leytonstone (0.0 miles)

Wanstead (0.9 miles)

Snaresbrook (1.0 miles)

Leytonstone High Road (0.4 miles)

Leyton Midland Road (0.7 miles)

Wood Street (1.4 miles)

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