4 bedroom retail property (high street) for sale

Hoe Street, London

£128,000

Property Description

Key features

  • A1 lease for sale in Walthamstow that comes with 4 studio flats
  • Unit also contains 4 small studio flats with a shared kitchen
  • Shop currently achieves a rental income of 2,000 PCM
  • Flats achieve a rental income of 3,000 PCM
  • Total annual income of 60,000

Full description

Tenure: Leasehold

Garrison Property are delighted to offer this A1 lease for sale in Walthamstow that comes with 4 studio flats. The property is currently trading as an A1 meat and fish shop, with downstairs WC, small office and cold room. The unit also contains 4 small studio flats with a shared kitchen. The shop currently achieves a rental income of £2,000 PCM and the flats achieve a rental income of £3,000 PCM making a total annual income of £60,000. The currently lease owner would also consider subletting the shop on a 5-year renewable lease for £2,200 PCM (£24,600 per annum).

The property is located on the busy Hoe Street in Walthamstow, in between Walthamstow Central and the Bakers Arm junction. The area has excellent transport links with Walthamstow Central running both over ground and underground services to the City and Central London and Walthamstow Bus Depot also being located close by means numerous bus routes service the area.

Rent payable: £20,000 per annum
Rental income received: £60,000 per annum
Premium: £128,000
Lease: 17 years (Open)
Shop size: 1,700 sq ft (Approx)

Due to the rental income and location of this property we envisage a quick sale, so contact Garrison Property today to arrange a viewing.

Disclaimer

Garrison Property endeavors to maintain accurate depictions of its properties in descriptions, however, these are intended only as a guide. These particulars do not constitute or form part of any offer or contract, nor may they be regarded as representations. All interested parties must verify their accuracy.Whilst every effort has been made to ensure accuracy this cannot be guaranteed.






Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.


More information from this agent

Nearest stations

  • Walthamstow Central (0.5 mi)
  • Leyton Midland Road (0.6 mi)
  • Walthamstow Queens Road (0.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Garrison Property Limited, Essex

603-605 Cranbrook Road, Ilford, Essex, IG2 6SU

020 3858 2401 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Walthamstow Central (0.5 mi)
  • Leyton Midland Road (0.6 mi)
  • Walthamstow Queens Road (0.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Garrison Property Limited, Essex

603-605 Cranbrook Road, Ilford, Essex, IG2 6SU

020 3858 2401 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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