Retail premises for sale in High Street, Walthamstow E17

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Retail premises for sale 540 sq. ft*

Property features

  • New to the market
  • Freehold for sale
  • High street location
  • High footfall
  • Shop rented to A supermarket
  • 1st floor flat sold off with 62 years remaining
  • Potential for further development

Property description

Location
The property is located in a prime location midway along High Street, Walthamstow and benefits from a very busy passing trade especially when the street market is open from Tues-Fri 8am - 5pm and Saturday 8am -5.30 pm. The legendary Walthamstow market started in 1885 and is now Europe's longest outdoor street market, spanning a kilometre of the High Street. As well as stalls selling food, clothes, and household goods, you'll find cafes offering tasty treats from around the world.

Walthamstow Central Station (Victoria Line) is close by providing direct links to Central London

Description
Commercial property consisting of a vacant shop and a 1 bed 1st floor flat sold off on a long lease with 62 years remaining

Approximate gross internal areas below: -

Shop (197)
Ground Floor Retail 45.30 m2 487.61 sq. Ft
Kitchen area 4.8 m2 51.67 sq. Ft
Total Area 50.10 m2 539.27 sq. Ft

Shop tenant is holding over and is paying £16,200 pax, indications are they wish to stay, in our opinion the shop is under rented.

1st Floor Flat (197a)
1 Bed flat sold off on a lease for 99 years from September 1985 therefore has 62 years remaining, paying a yearly ground rent of £500 pa.

Tenure
Freehold

Price
Freehold offers invited, subject to contract.

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Countrywide Commercial, IG8 on +44 20 3641 1628 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Countrywide Commercial, and do not constitute property particulars. Please contact Countrywide Commercial 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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