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High Street, Ilford, London, IG6

Offers in Region of
£835,000

£760.47 per sq ft

Business rates & charges may apply

Countrywide Commercial, Greater London
SIZE AVAILABLE

1,098-2,497 sq ft

102-232 sq m

SECTOR

Commercial property for sale

USE CLASSUse class orders: A1 Shops, C3 Dwelling Houses and Class E

A1, C3, E

Key features

  • Prominent High Street frontage in Barkingside town centre.
  • Ground floor shop: 102 m² (1,098 ft²) with deep retail area
  • Let on 15-year FRI lease from 7 July 2023 - passing rent £30,000 pa.
  • Vacant 3-bed maisonette above; potential to create two flats subject to planning.
  • Freehold asking price: £835,000 (subject to contract).
  • EPC rating E; AML administration fee applies.

Description

Location
Situated on Barkingside High Street, within easy walking distance of local shops, cafes and transport links, adjacent to Paddy Power, Barnardo's, Domino's Pizza, Choice and opposite Specsavers.

The property occupies a prominent position on Barkingside High Street, surrounded by a mix of independent retailers and national operators. Barkingside Underground (Central Line) is within easy walking distance, and the area is well served by regular bus routes, providing excellent connectivity for both customers and commuters. The location benefits from a large local residential catchment and strong daytime/weekend footfall.

Property Description
A prominent mid-terrace, three-storey building with full-width glazed retail frontage at pavement level and two floors of maisonette accommodation above. The shop provides a deep retail area and generous display windows, while the upper floors are arranged as a spacious three-bedroom maisonette with a large kitchen-diner, living room and bathroom. The property presents a clear and uninterrupted High Street elevation with good signage potential and an immediately recognisable presence in the town centre.


Tenancies & Tenure (summary)

Ground floor shop: let on a Full Repairing & Insuring (FRI) lease for 15 years from 7 July 2023, producing £30,000 per annum (payable quarterly). Rent review due 7 September 2028 and every five years thereafter. Tenant break options on 6 September 2028 and 6 September 2033 (six months' notice).

Upper maisonette: currently vacant - arranged as 3 bedrooms, living room, large kitchen-diner and bathroom/WC. Guide rent £2,000 pcm if let; alternatively available for separate sale at £365,000. The maisonette also has potential to be split to create two self-contained residential flats, subject to planning permission and any necessary building works, offering scope to increase rental/sales value.

Price
Freehold - Asking price - £835,000, subject to contract

Key features
* Prominent High Street frontage with excellent shop window presence.
* Freehold for sale - suitable for an investor.
* Shop 102 m² (1,098 ft²) with a deep retail area and good display space.
* Let on a 15-year FRI lease from 7 July 2023 - passing rent £30,000 pa.
* 3-bed maisonette (vacant) with potential to split into two self-contained flats, subject to planning.

* EPC rating: E.

Brochures

High Street, Ilford, London, IG6

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Barkingside Station0.4 miles
  • Fairlop Station0.6 miles
  • Hainault Station1.1 miles

About Countrywide Commercial, Greater London

Connaught House Broomhill Road, Woodford Green Essex IG8 0XR

Notes

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Disclaimer - Property reference 40HSBARKINGSIDE. 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 Countrywide Commercial, Greater London. 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.

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