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COMMERCIAL

662-664 Lea Bridge Road, Leyton, London, E10 6AP

Guide Price
£800,000
Strettons, Strettons Auctions
PROPERTY TYPE

Retail Property (high street)

BEDROOMS

6

BATHROOMS

2

SIZE

4,935 sq ft

459 sq m

Key features

  • FREEHOLD

Description

** For sale by public auction on 10th September at 12:00 **

Location & Description
Adjoining and unbroken, three storey freehold investment comprising ground floor retails with garden and split level residential upper parts arranged at first and second floors.

The property is situated on the south side of Lea Bridge Road, Leyton, close to the Bakers Arms junction where it meets High Road, Leyton and Hoe Street, Walthamstow. The street is lined with a variety of retail, food and leisure catering to the area's broad
demographic. Lea Bridge, High Road and Hoe Street are a popular local shopping destination with many national retailers represented including Tesco, Iceland, Savers, Poundstretcher, Costa, Domino's & KFC.

Accommodation
The accommodation comprises the following (NET INTERNAL AREAS):
Ground Floor: - 2,632 Sq Ft (244.5 Sq M)
662 = First Floor & Second Floor Flat: - 1,162 Sq Ft (107.95 Sq M)
664 = First Floor & Second Floor Flat: - 1,141 Sq Ft (106 Sq M)

Total = 4,935 Sq Ft (458.47 Sq M)

Tenure
FREEHOLD

Note
Auction Surveyor: Michael Mercer & Sean Crowhurst
michael. or sean.

Comprising ground floor retail, plus garden and split level residential upper parts across the first and second floors.

The entire property (including the upper parts), is let on a single lease at a passing rent of £52,000 per annum exclusive. The lease is contracted inside the security of tenure provisions of the Landlord & Tenant Act 1954 Part II, expiring in 2029.

PLANNING
Potential for future development, subject to obtaining the necessary planning consents.

EPC Rating
Retail = B
Flat 662 = D
Flat 664 = D

Viewing Times

Brochures

Legal Documents

662-664 Lea Bridge Road, Leyton, London, E10 6AP

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Leyton Midland Road Station0.5 miles
  • Walthamstow Central Station0.6 miles
  • Walthamstow Queens Road Station0.7 miles

About Strettons, Strettons Auctions

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

Leading, independent auction house based in London, trusted nationwide. We hold 7 combined residential and commercial property auctions each year, selling nearly £100m in property over the last 18 months with an 85% success rate. While we're best known for our knowledge base and activity in east and north London, our auction work is trusted nationwide.

Auctions are a fast, transparent and efficient method of property sale, with transactions closing in as little as 28 days. Our dedicated team is here to help with each stage of the process and answer any questions about buying or selling property at auction.

Strettons property auctions are currently held remotely with proxy, phone or online bidding options available. Contact our team to learn more or for a free appraisal of any property in your portfolio.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 361821. 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, Strettons Auctions. 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Strettons, Strettons Auctions on 020 3840 3721.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”