604 Lea Bridge Road Leyton London E10 7DN

604 Lea Bridge Road
Leyton
London
E10 7DN

Freehold Retail and Residential Investment

  • Entirely let until 2052
  • Prominent and busy corner position
  • Popular East London suburb
  • Long term residential redevelopment potential
  • Nearby occupiers include Halifax, Iceland, Barclays, William Hill and Tesco
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot
    51
  • Auction
    10th December 2015
  • Rent
    £37,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £765,000
  • Sector
    High Street Retail
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
Important Update
  • Expand
  • Photos
  • Map

* More information on the term "guide" can be found here

Freehold Retail and Residential Investment

  • Entirely let until 2052
  • Prominent and busy corner position
  • Popular East London suburb
  • Long term residential redevelopment potential
  • Nearby occupiers include Halifax, Iceland, Barclays, William Hill and Tesco
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot 51
  • Auction 10th December 2015
  • Rent
  • Status Sold
  • Price £765,000
  • Sector
    High Street Retail
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
1.5 miles south of Walthamstow, 2.5 miles north of Stratford, 6 miles east of the City of London
Roads
A12, A406 (North Circular Road)
Rail
Walthamstow Central Underground Station (Victoria Line), Leyton Underground Station (Central Line), Leyton Midland Road Rail Station (32 minutes to London Fenchurch Street)
Air
London City Airport, London Heathrow Airport, London Stansted Airport
Situation

Leyton is an exciting cosmopolitan and busy East London suburb. The property is situated in a prominent corner position on the south side of Lea Bridge Road some 50 metres west of the busy Bakers Arms junction. Neighbouring occupiers include Halifax, Iceland, Barclays, KFC, William Hill and a major Tesco supermarket only 20 metres from the property.

Tenure

Freehold.

Location
Miles
1.5 miles south of Walthamstow, 2.5 miles north of Stratford, 6 miles east of the City of London
Roads
A12, A406 (North Circular Road)
Rail
Walthamstow Central Underground Station (Victoria Line), Leyton Underground Station (Central Line), Leyton Midland Road Rail Station (32 minutes to London Fenchurch Street)
Air
London City Airport, London Heathrow Airport, London Stansted Airport
Situation

Leyton is an exciting cosmopolitan and busy East London suburb. The property is situated in a prominent corner position on the south side of Lea Bridge Road some 50 metres west of the busy Bakers Arms junction. Neighbouring occupiers include Halifax, Iceland, Barclays, KFC, William Hill and a major Tesco supermarket only 20 metres from the property.

Tenure

Freehold.

Description

The property comprises retail accommodation on the ground floor with ancillary accommodation in the basement. The upper floors are residential and comprise 5 rooms on the first floor and two x
1 room flats on the second floor. To the rear of the property is a single storey garage which is currently being sublet to hand car wash operator.

Six Week Completion

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises retail accommodation on the ground floor with ancillary accommodation in the basement. The upper floors are residential and comprise 5 rooms on the first floor and two x
1 room flats on the second floor. To the rear of the property is a single storey garage which is currently being sublet to hand car wash operator.

Six Week Completion

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x. Reviews
Basement
Ground
Ground
First
Second
Ancillary
Retail
Garage
Residential
Residential
47.51 sq m
126.69 sq m
80.57 sq m
83.21 sq m
48.61 sq m
(511 sq ft)
(1,369 sq ft)
(867 sq ft)
(896 sq ft)
(523 sq ft)
INDIVIDUALS
(t/a Star Nergiz
Express)
45 years from
29/09/2007 until 2052 on
a full repairing and
insuring lease
£37,000 (1) 29/09/2017 and
five yearly
Totals  
386.59 sq m
(4,166 sq ft)
    £37,000  

1) The seller is holding a rent deposit of £17,500.
(2)The floor areas of the residential are gross internal areas.

Property Documents

  • Catalogue Page
    Updated Date
    18.11.15
    File Size
    669 KB
    View PDF
  • Site Plan
    Updated Date
    18.11.15
    File Size
    105 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Seller's Solicitors
Lewis Terrance Rose Southgate Office Village Block F, 2nd Floor, 288 Chase Road
London
N14 6HF
Roumiana Dimitrova 0208 920 9973roumiana@lewisterrancerose.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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