Retail premises for sale in High Road, Leytonstone E11
Offers in region of
£650,000 (£537.19/sq. ft)
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- Potential To Extend STPP
- Prominent Location
- Asset Maximisation Opportunity
The property is conveniently located on High Road Leytonstone between the junctions of Victoria Road and Thorne Close. ½ mile from Maryland railway station and ¾ mile from Leyton underground station (Central line). Westfield Stratford is about a mile away.
A storey semi-commercial property of solid brickwork construction. Ground floor commercial premises with 2 bedroom flat (not inspected) to first floor level. Rear external outbuilding of cavity wall construction arranged as a self-contained 1 bedroom flat
293 High Road (commercial premises at ground floor level and first floor 2 bedroom flat) is held by virtue of a Full Repairing and Insuring (Fri) lease for a term of 15 years commencing 11 November 2011 inside the Security of Tenure provisions of the L&T Act 1954 with 3 yearly upward only rent reviews to market level. We are advised that the current rent passing is £1,600.00 per calendar month i.e £19,200.00 per annum exclusive. R/o 293 High Road Leytonstone is let by way of an AST producing £900.00 pcm i.e £10,800.00 per annum exclusive. The total rent reserved is therefore £30,000.00 per annum exclusive.
* Sizes listed are approximate. Please contact the agent to confirm actual size.
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Taylor Freeman Kataria, and do not constitute property particulars. Please contact Taylor Freeman Kataria for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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