Commercial property for sale in High Road, Leyton, London E15, £375,000

375,000.00

Offer Nr.:
65967120
Type of ad:
for Sale
Property type:
Commercial property
Contact name:
Clarke Hillyer
Phone(s):
020 3641 4033

* Freehold
* Freehold investment
* Comprising restaurant & 2 - bedroom flat above
* Current rent £18, 000 per annum
* High Road location
* Current lease expires in March 2026
** freehold shop & flat investment for sale ** - The property is situated on
High Road, Leyton, on an established shopping parade comprising a variety of
local occupiers. Leyton Underground Station (Central Line) is less than 0. 1
miles from the premises and the area is served by local buses. Comprising a
ground floor lock - up shop and basement which is currently trading as a
restaurant. On the first and second floor is a self - contained 2 - bedroom flat.
The whole premises are held on a 16 year lease from March 2010 and the current
passing rent is £18, 000 per annum. Please call Clarke Hillyer on for further
information.
**Location**
The property is situated on High Road, Leyton, on an established shopping
parade comprising a variety of local occupiers. Leyton Underground Station
(Central Line) is less than 0. 1 miles from the premises and the area is served
by local buses.
**Description**
Comprising a ground floor lock - up shop and basement which is currently trading
as a restaurant. On the first and second floor is a self - contained 2 - bedroom
flat. The accommodation is more particularly described as follows:
Ground floor restaurant/kitchen: 602 sq ft (56 sq m).
Basement ancillary space: 268 sq ft (25 sq m).
First floor: Reception room; Kitchen; Bathroom/W/c.
Second floor: 2 Bedrooms.
Attic: Store.
All measurements quote are approximate only.
**Lease**
The whole premises are held on a 16 year lease from March 2010. The current
passing rent is £18, 000 per annum.
**Terms**
The freehold is available, subject to the existing lease, for £375, 000.
**Business Rates**
The London Borough of Waltham Forest have informed us of the following in
respect of the restaurant:
2023 Rateable Value: £10, 500
**Council Tax**
The flat is within Council Tax Band B.
**Viewings**
Strictly via sole agents Clarke Hillyer, tel .
**Epcs**
The restaurant has an Energy Performance Certificate rating of C and the flat
has an EPC rating of D.

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