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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, Retail & Leisure
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

Approximate location
Open mapStreet View

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, Retail & Leisure

Telephone House, 69-77 Paul Street, London, EC2A 4NW

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.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 300181-1. 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, Retail & Leisure. 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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