2 bedroom mixed use property for sale
High Road Leytonstone, London, E11
£464.40 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
1,292 sq ft
120 sq m
- SECTOR
2 bedroom mixed use property for sale
- USE CLASSUse class orders: C3 Dwelling Houses and Class E
C3, E
Key features
- Freehold mixed-use investment**
- Fully let** (ground floor commercial + 2 residential flats)
- Total income:** **£41,790 per annum**
- Guide price:** **£600,000** (**6.7% NIY**)
- Arranged over 3 floors**
- Commercial unit:** approx. **40 sq m**
- Residential:** **1 x 2-bed flat** (approx. 40 sq m) + **1 x 1-bed flat** (approx. 40 sq m)
- Retail tenant:** **Leyton Natural Health** - **10-year FRI lease from Dec 2017**
- Next rent review:** **11 December 2026**
Description
543 High Road is positioned on the High Road in Leytonstone, a well-established East London neighbourhood with a strong mix of independent occupiers, local services and surrounding residential catchment. The property is well connected via the London Overground and Central line, with regular bus routes nearby. The A12 and North Circular (A406) are also easily accessible for wider London and motorway connections.
Description
An income-producing, fully let freehold mixed-use investment arranged over three floors, comprising a ground floor commercial unit with two self-contained flats above (one 2-bedroom and one 1-bedroom). The property is fully rented, providing a blended income profile from both commercial and residential elements.
Accommodation
Ground floor commercial unit: approx. 40 sq m
1st floor flat: self-contained 2-bedroom, approx. 40 sq m
2nd floor flat: self-contained 1-bedroom, approx. 40 sq m
Tenancy Schedule
Retail (Ground Floor)
Tenant: Leyton Natural Health
Lease: 10-year FRI lease from Dec 2017
Current rent: £12,396 pa
Next rent review: 11 December 2026
Residential
1st Floor (2-bed): 2-year guaranteed rent - £15,600 pa (£1,300 pcm)
2nd Floor (1-bed): 2-year guaranteed rent - £13,800 pa (£1,150 pcm)
Total combined income: £41,790 pa
Tenure
Freehold (subject to the existing tenancies)
Energy Performance Certificates
EPC 1EPC 2Brochures
High Road Leytonstone, London, E11
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Leytonstone High Road Station0.2 miles
- Leytonstone Station0.5 miles
- Leyton Station0.6 miles
About Countrywide Commercial, Greater London
Connaught House Broomhill Road, Woodford Green Essex IG8 0XRNotes
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