Welcome to this fantastic mixed-use property, perfectly positioned on a bustling high street in Ilford, offering a unique investment opportunity with both commercial and residential appeal. The front of the property features a spacious commercial unit currently let on a 15-year fully repairing lease, making it a secure and reliable option for those seeking steady rental income (ideal for investors or business owners looking for a prime location). The commercial space is versatile, suitable for a range of uses under mixed class usage, and benefits from high visibility thanks to its prominent high street frontage. To the rear of the property, you’ll discover a brand new studio flat, thoughtfully designed with modern fixtures and fittings, providing a comfortable and stylish living space for tenants or owner-occupiers.

The studio’s contemporary layout maximises natural light and offers a low-maintenance lifestyle that will appeal to young professionals or students seeking convenience and modernity. The property also boasts a substantial basement, offering excellent additional storage or the potential for further development (subject to necessary consents), making it a truly flexible proposition. With its combination of a long-term commercial lease, newly completed residential accommodation, and a highly desirable high street location, this property is a rare find that ticks all the boxes for investors or those looking to combine business and living spaces.

The fully repairing lease ensures that the commercial tenant is responsible for the upkeep and maintenance of the premises, providing peace of mind for the new owner. In summary, this is an unmissable opportunity to secure a mixed-use freehold in a thriving area, with immediate income from the commercial tenant and the added bonus of a brand new residential studio at the rear. Whether you’re looking to expand your portfolio, start a new business venture, or simply enjoy the benefits of a dual-income property, this versatile building is sure to impress. Viewings are highly recommended to appreciate the scope and potential on offer.