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3 bedroom retail property (high street) for sale

Chingford Mount Road, London

£700,000

Property Description

Key features

  • FREEHOLD building comprising of an A1 retail beauty salon and 3-bedroom flat for sale in Chingford
  • Large outside space at the rear of the property with room for parking for 4 cars
  • Located on the busy Chingford Mount Road
  • Shop: 840 sq ft
  • Flat: 790 sq ft
  • Outside space: 685 sq ft
  • Shop income: 17,400 per annum
  • Flat income: 18,000 per annum
  • Total income: 35,400

Full description

Tenure: Freehold

Garrison Property are delighted to offer this FREEHOLD building comprising of an A1 retail beauty salon and 3-bedroom flat for sale in Chingford.

The subject property is currently let as an A1 beauty salon with a large 3 bedroom flat above with a separate rear access and 685 sq ft of parking. The shop obtains a monthly rent of £1,450 PCM and the flat generates a monthly income of £1,500 PCM making a total income of £2,950 PCM or £35,400 per annum. The property also comes with a large outside space at the rear of the property with room for parking for 4 cars.

The property is located on the busy Chingford Mount Road, numerous bus routes service the area and the busy A406 is a few minutes` drive away with good access to the M11 and M25.

Very few freeholds come up for sale in Chingford so make sure you contact Garrison Property today to arrange a viewing on this investment opportunity.

Freehold price: £700,000

Income

Shop income: £17,400 per annum
Flat income: £18,000 per annum

Total income: £35,400

Size: (Approx)

Shop: 840 sq ft
Flat: 790 sq ft
Outside space: 685 sq ft

Total: 2,315 sq ft


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.


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