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245 Cann Hall Road, Leytonstone, E11 3NL

Offers in Region of
£500,000

£371.47 per sq ft

Business rates & charges may apply

Strettons, Commercial and Industrial Agency
SIZE AVAILABLE

1,346 sq ft

125 sq m

SECTOR

High street retail property for sale

Key features

  • Freehold, comprising ground floor commercial and self-contained 2 bedroom flat
  • Total Net Income of £29,240 with opportunity for improvement
  • Commercial, with outstanding rent review Jan 2025
  • Upper floor, 2 bed flat holding over on expired AST
  • Asset management opportunities, including refurb of upper parts
  • 19 minute walk to Forest Gate station offering Elizabeth Line services to City and beyond

Description

Description
Mixed commercial and residential Freehold, in the a mid-terrace in Cann Hall Road opposite Buxton School. The ground floor commercial is let on a lease, inside the Landlord & Tenant Act 1954, at a passing rent of £12,500 per annum, with an outstanding rent review from Jan 2025. The upper parts are arranged as a 2 bedroom flat, producing £1,395pcm holding over on an expired AST. The property offers asset management opportunities for rental growth through refurbishment.

Location
Situated in a busy thoroughfare Cann Hall Road, connect Forest Gate and Leytonstone to the East, to Stratford. The property lies opposite Buxton School and within a 5 minute walk of Wanstead Flats. Forest Gate station, with Elizabeth Line connections to Liverpool Street, Farringdon and beyond is within a 19 minute walk and Wanstead Park on the Overground Suffragette Line is with 15 minutes walk.

Brochures

245 Cann Hall Road, Leytonstone, E11 3NL

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Wanstead Park Station0.6 miles
  • Leytonstone High Road Station0.6 miles
  • Forest Gate Station0.6 miles

About Strettons, Commercial and Industrial Agency

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

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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