Commercial property for sale in 234 & 240-250 Wood Street, London E17
£675,000 (£61.6/sq. ft)
Commercial property for sale
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Walthamstow is situated in north east London, approximately 10km (6 miles) from the West End and 8 km (5 miles) from the City of London. The area is bounded by the Lee Valley and Walthamstow Reservoirs to the west, Epping Forest to the east and the North Circular Road (A406) to the north and is within a short walk of Wood Street station (services to Liverpool Street in under 20 minutes).
A substantial 2 storey property comprising 7 flats let on ASTs and a large ground floor commercial space used as retail, office and storage. The building has an extensive frontage on Wood Street, with retail/offices to the front and a mix of workshops, storage and offices to the rear. There is also a first floor rear converted into an office. The flats are in good repair and offer generous living space with high ceilings.
The surrounding buildings are 2/3 storeys. We believe the commercial section of the building could be converted to create additional residential units and extra floors could be added to the rear, subject to planning.
240 - 250 Wood Street:
Offers in excess of £2.75m, representing a gross yield of 5.62%
234 Wood Street:
Offers in excess of £675,000, representing a gross yield of 5.9%
* 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 Strettons, and do not constitute property particulars. Please contact Strettons 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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