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128 High Road, Leyton, London, E15 2BX

Offers in Excess of
£600,000

£400.27 per sq ft

Business rates & charges may apply

Stirling Ackroyd, Commercial
SIZE AVAILABLE

1,499 sq ft

139 sq m

SECTOR

Mixed use property for sale

Floor Plan
1

Key features

  • Total premises area - 1,499 square feet
  • Central Leyton location
  • Retail unit plus two residential flats
  • Total income £39,600 per annum - Representing a gross yield of 6.7 percent (before costs)
  • Sale price £600,000 for the Freehold interest
  • Ideal East London investment opportunity
  • Close to Leyton Underground Station
  • Current commerical tenant operates a food take-away business

Description

Description
This mixed-use investment property offers one commercial unit plus two one-bedroom flats, all self-contained.

Floor areas comprise: Commercial unit 746 square feet, first floor flat 418 square feet and second floor flat 335 square feet, totalling 1,499 square feet.

The current commercial tenant, who operates a food take-away business, pays a rent of £13,200 per annum and the lease expires in 2031.

Residential floors – The upper floors offer two one-bedroom flats. Each flat produces £13,200 per annum, totalling a residential income of £26,400 per annum.

Therefore, the total income for the property is £39,600 per annum. A sale at £600,000, with an income of £39,600 represents a gross yield of 6.7 percent.

The sale is subject to VAT - to be confirmed.

Location
The building is mid-terrace and is within the London Borough of Waltham Forest.

Leyton Underground Station is within easy walking distance, and Leyton High Road (A112) connects to Stratford and the A12.

This section of Leyton High Road has a range of local independent retailers and there is a high density of residential occupiers in close proximity.

Viewings
By appointment with Stirling Ackroyd

Energy Performance Certificates

EPCEPCEPC

Brochures

128 High Road, Leyton, London, E15 2BX

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Leyton Station0.1 miles
  • Stratford International Station0.7 miles
  • Maryland Station0.8 miles

About Stirling Ackroyd, Commercial

40 Great Eastern Street, London, EC2A 3EP

Whether you are looking for office space in the heart of Tech City, a restaurant or café in the vibrant and ever-changing streets of Shoreditch and Hackney, our team are available to assist with every aspect from leasing through to investment. Our Commercial Property Services include Leasehold and Freehold disposal, Property Acquisition and Investment and Development Services. We cover Retail space, Industrial space, Office space, Investment properties and Land Acquisition, so can help in all your commercial property needs.

At Stirling Ackroyd, the city is in our DNA. We understand the way London operates and how people buy, sell, rent or let property. As one of the first East London estate agents, we have played a vital role in the residential and commercial development of Central and East London and through this, we have gained an integral understanding of local values and an unparalleled local knowledge of the area.

We are one of the leading commercial estate agents for commercial property in London. We provide our clients with the full range of comprehensive, professional, and up to date occupational and investment services with dedicated teams covering all commercial property sectors.

Our Commercial Property Services include Leasehold and Freehold disposal, Property Acquisition and Investment and Development Services. We cover Retail space, Industrial space, Office space, Investment properties and Land Acquisition, so can help in all your commercial property needs. Set up originally in a small office on Curtain Road, in the then unfashionable northern City fringe, we have watched the community we are part of grow into the prime property locations you see today.

Whether you are looking for office space in the heart of Tech City, a restaurant or café in the vibrant and ever-changing streets of Shoreditch and Hackney, our team are available to assist with every aspect from leasing through to investment.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 288964-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Stirling Ackroyd, Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.

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