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248 High Road, Leyton, E10 5PW

From
£650,000

£399.75 per sq ft

Business rates & charges may apply

Strettons, Commercial and Industrial Agency
SIZE AVAILABLE

1,626 sq ft

151 sq m

SECTOR

High street retail property for sale

Key features

  • Mixed commercial and residential freehold, comprising shop and 2 flats
  • The residential upper parts are offered with full vacant possession upon completion
  • Ground floor shop let at £25,000pax, subject to a 10 year lease from 2023 and 4 year review pattern (next review April 2027)
  • Asset management opportunities including refurbishment of uppers to improve potential rental income
  • Within a 5 minute walk of Leyton tube station (Central Line services)

Description

Description
An unbroken mixed use building arranged as retail at ground and two residential apartments above. The retail property is let subject to a 10 year lease, inside the Landlord & Tenant Act, from 2023. There is a rent review in 2028. The upper parts comprise 1 x studio flat and 1 x one bedroom flat and are offered vacant. The flats had previously been generating a total of £26,000pa income, with opportunity to improve rental return by way of refurbishment.

Location
Situated on prominent parade on High Road Leyton, close to Leyton Underground Station. The surrounding area has a high density of retail and leisure and is densely populated. Leyton High Road is popular local shopping destinations and many national retailers are represented nearby including Tesco, Iceland, Savers, Poundstretcher, Costa, Domino's & KFC. There are easy access road links to Central London via A104 and A10, as well as underground connection via Leyton underground station.

Brochures

248 High Road, Leyton, E10 5PW

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Leyton Station0.2 miles
  • Leyton Midland Road Station0.7 miles
  • Leytonstone High Road Station0.7 miles

About Strettons, Commercial and Industrial Agency

Waltham House, 11 Kirkdale Road, London, E11 1HP

Strettons is a London-based firm of property advisors providing multidisciplinary expertise across a wide range of commercial and residential property sectors throughout the UK.

For over 90 years, Strettons has provided specialist advice to buyers, owners, occupiers, investors and developers, with our in-house agency, management, auction, valuation and advisory teams working as one to add value.

Award-winning commercial and industrial agencies with specialist knowledge in East and North London. Our agency teams cover a wide cross-section of the market, with knowledge of each sector and what its investors or modern occupiers need to grow their operations.

Part of a multi-disciplinary firm with a full range of complementary commercial services, we work together to offer advice on every stage of property ownership. As a team, we cover Office, Retail, Licenced & Leisure, Investment, Development, Medical, Educational and Community, Hotels, Flexible Workspace and Tenant Representation.

Please contact us to speak about any of your search requirements or questions.

Notes

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Disclaimer - Property reference 292576-1. 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 Strettons, Commercial and Industrial Agency. 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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