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41 Orford Road, Walthamstow, London, E17 9NL

£825,000

£491.36 per sq ft

Business rates & charges may apply

Harston&Co, London
SIZE AVAILABLE

1,679 sq ft

156 sq m

SECTOR

Commercial property for sale

Key features

  • Freehold mixed-use investment opportunity in the heart of Walthamstow Village, London
  • Comprising of 1 x commercial unit and 1 x residential unit, currently producing a passing rent of £59,000 per annum
  • Approximately 0.5 miles from Walthamstow Central station, which provides a regular service into central London
  • Offers are invited in excess of £825,000, which represents a gross yield of 7.15%
  • EPC Rating – C (commercial) & E (residential)

Description

Freehold mixed-use investment opportunity in the heart of Walthamstow Village, London. The property comprises 1 x commercial unit and 1 x residential unit, currently producing a passing rent of £59,000 per annum. Located approximately 0.5 miles from Walthamstow Central station, which provides a regular service into central London. Offers are invited in excess of £825,000, which represents a gross yield of 7.15%

Location - The property is located on Orford Road in the heart of Walthamstow Village, adjacent to Walthamstow Village Square. Walthamstow Village is one of London's most in-demand locations, with its excellent connectivity, pedestrianised streets, eateries, and businesses.

High Street, Walthamstow is 0.6 miles away from the property, which is the home to Walthamstow Market and The Mall Walthamstow.

The property is situated 0.5 miles from Walthamstow Central station, which provides a regular service into central London via the London Underground (Victoria Line) and London Overground.

The A406 (North Circular) is approximately 1.8 miles away and provides access to the A10, A12 and M11. Nearby occupiers include GAIL's Bakery, Froth & Rind, The Village Pub, eat17, and Queens Arms.

Please note all distances given are approximate only.

Description - The property provides a total of 1,679 square feet (156.08 square metres). It comprises a ground floor commercial unit, which is trading as a restaurant called The Axe & Ember Smokehouse. The commercial unit measures 1,023 square feet (95.08 square metres). The first floor and loft space is arranged as a self-contained 1-bedroom flat, measuring 656 square feet (61 square metres).

Please note that the size given is approximate only. The flat has not been inspected, and the size has been obtained from the EPC. All interested parties are advised to rely on their own inspection and survey.

Tenancy - The property is currently producing a total passing rent of £59,000 per annum

The commercial part is let for 10 years from October 2025 with a current passing rent of £41,000 per annum. There is an indexed linked rent review and break clause in October 2030.

The first floor is let for £18,000 per annum on an APT agreement.

Terms - Offers are invited in excess of £825,000, which represents a gross yield of 7.15%.

Tenure - The freehold interest is to be sold subject to the existing tenancies.

Vat - We have been informed that property is not elected for VAT.

Viewings - Viewings are strictly by appointment through sole agents Harston&Co.

Brochures

41 Orford Road, Walthamstow, London, E17 9NL

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Walthamstow Central Station0.3 miles
  • Wood Street Station0.5 miles
  • Walthamstow Queens Road Station0.5 miles

About Harston&Co, London

247 High Road London E18 2PB

Founded in 2017, Harston&Co advise clients within the commercial, investment and development markets throughout London and the South-East. Our clients range from private individuals to large institutions. We have established ourselves as one of London’s most proactive commercial property agencies and asset managers.

If you are looking to sell, let, or acquire a commercial, investment or development property or would like to know more about our asset or property management services, please contact our office to discuss.

Notes

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Disclaimer - Property reference 34912999. 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 Harston&Co, 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.