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4 bedroom retail property (high street) for sale

Boundary Road, Walthamstow

£12,000

Property Description

Key features

  • A1 retail lease for sale which includes rental income from a 3 bedroom flat, studio and garage
  • Potential to refurb and increase rental income
  • Good location
  • Good established business
  • Close to local amenities

Full description

Tenure: Leasehold

A1 RETAIL LEASE FOR SALE (INCLUDES RENTAL INCOME FROM 3 BEDROOM FLAT, STUDIO AND GARAGE)

Garrison Property are delighted to offer this A1 supermarket/newsagent retail lease for sale which includes rental income from a 3-bedroom flat, a studio flat and a garage. This is a great opportunity for someone to buy the lease on this property, with the current rental income received covering the rent on the actual property. The 3 bedroom flat currently obtains £400 per week, the studio £125 per week and the garage £100 per week, totaling £625 per week rental income. With refurbishment these properties could easily obtain more rent. The supermarket/newsagent also has a good income and this is a reluctant sale due to the current owner moving abroad.

The property is located in the popular Walthamstow area of London, with a shopping centre, a bus garage and overground/underground train stations in close proximity.

Rent: £12,000 per annum (Rent review every 4 years)
Premium: £55,000 (Negotiable)
Lease: 7 years
Rates: Nil

Shop size: 22.8ft x 14.6ft (6.9m x 4.5m)

Please make sure you contact Garrison Property today, as this is an excellent opportunity not to be missed!


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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