Commercial Properties For Sale in North East London
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** FREEHOLD INVESTMENT/DEVELOPMENT OPPORTUNITY ** - Located prominently on the corner of Johnston Road and High Road, Woodford Green (A104). This particular section of the High Road consists of a variety of shops, restaurants, offices and flats. Woodford Underground Station is on the Central Line...
- Unique opportunity
- Prominent freehold corner property overlooking The Green/Duckpond
- Comprising 2 shops currently let to established estate agencies for £62,500 per annum
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We are delighted to offer For Sale this long leasehold investment currently with 63 years left to run at peppercorn ground rent. The leaseholder can extend the lease by a further 26 years if they wish to create an 89 year long leasehold interest. The property has been let and income producing to Stapletons who have been trading there for approximately 20 years with a current annual rental income of £43,721 p.a.x., with a lease to expire April 2029. The site is around 10,000 sqft (not measured). Service charge: approximately £1,906 p.a. Insurance Charge: £1,803p.a. The property is offered For Sale on assignment of the existing lease.
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** DEVELOPMENT OPPORTUNITY FOR SALE ** - Located prominently on the corner of Johnston Road and High Road, Woodford Green (A104). This particular section of the High Road consists of a variety of shops, restaurants, offices and flats. Woodford Underground Station is on the Central Line and provid...
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Fully let mixed-use freehold investment comprising ground-floor commercial premises occupied by funeral directors and a self-contained first-floor residential flat. Producing a combined gross rental income of £43,800 per annum, representing a 7.68% gross yield at the asking price of £570,000. Both units benefit from existing rental agreements with approximately 9 years and 3½ years remaining respectively.
