Retail premises for sale

655 Barking Road, London Borough Of Newham, London E13

We are pleased to offer this prime mixed-use investment opportunity located at 655 Barking Road, E13. The property comprises a retail unit on the ground floor, currently leased to a longstanding tenant, along with a spacious upper-floor residential unit. The residential element includes four well-maintained 2-bedroom flats.

This property presents significant development potential, with the possibility of conversion or extension (subject to the necessary planning consents) to maximize its use. It is ideally positioned within a rapidly regenerating area, which offers substantial scope for both capital appreciation and rental growth. Additionally, the basement and ground floor lends itself to alternative uses such as a Day Nursery.

The current rental income is as follows: £55,000 per annum from the commercial retail unit, £66,000 per annum from the four 2-bedroom flats, and £4,800 per annum from the rear yard area. This strong rental income stream makes the property an attractive prospect for investors looking for a steady cash flow while also providing potential for future development.

Located in a high-footfall area along Barking Road, the property benefits from excellent transport links, including proximity to Canning Town and East Ham stations, making it a highly desirable location for both commercial and residential tenants. The area is experiencing significant regeneration, which promises long-term capital growth.

This is a rare opportunity to acquire a mixed-use property with excellent rental returns and future development potential in one of East London’s most sought-after locations. For more information or to arrange a viewing, please contact us today.