622 Lea Bridge Road Leyton London E10 6AP

622 Lea Bridge Road
Leyton
London
E10 6AP

Freehold Retail and Dental Surgery Investment

  • Prominent position on Lea Bridge Road at junction with Hoe Street and High Road
  • Let to vape shop and dental surgery
  • Adjacent to Barclays Bank and close to Tesco, Iceland, Poundstretcher and Savers
  • Popular East London suburb
  • VAT-Free investment
  • Lot
    2
  • Auction
    11th July 2019
  • Rent
    £34,750 per Annum Exclusive
  • Status
    Sold
  • Price
    £570,000
  • Sector
    High Street Retail
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    London W1H 7TN
Important Update
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* More information on the term "guide" can be found here

Freehold Retail and Dental Surgery Investment

  • Prominent position on Lea Bridge Road at junction with Hoe Street and High Road
  • Let to vape shop and dental surgery
  • Adjacent to Barclays Bank and close to Tesco, Iceland, Poundstretcher and Savers
  • Popular East London suburb
  • VAT-Free investment
  • Lot 2
  • Auction 11th July 2019
  • Rent
  • Status Sold
  • Price £570,000
  • Sector
    High Street Retail
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    London W1H 7TN

Property Information

Location
Miles
1 mile south of Walthamstow
2 miles north of Stratford
6 miles north-east of the City of London
Roads
A12, A112, A406, M11
Rail
Leyton Midland Road, Walthamstow Central (Underground, Victoria Line and Overground Lines)
Air
London City, London Heathrow, London Stansted
Situation

Leyton is an exciting cosmopolitan and busy East London suburb. The property is situated on the east side of Lea Bridge Road, in a prominent position close to its busy junction with High Road and Hoe Street. The property is a short walk to Stanley Road car park (estimated 100 spaces). Other nearby retailers include Tesco, Iceland, Poundstretcher, Savers and various banks.

Tenure

Freehold.

Location
Miles
1 mile south of Walthamstow
2 miles north of Stratford
6 miles north-east of the City of London
Roads
A12, A112, A406, M11
Rail
Leyton Midland Road, Walthamstow Central (Underground, Victoria Line and Overground Lines)
Air
London City, London Heathrow, London Stansted
Situation

Leyton is an exciting cosmopolitan and busy East London suburb. The property is situated on the east side of Lea Bridge Road, in a prominent position close to its busy junction with High Road and Hoe Street. The property is a short walk to Stanley Road car park (estimated 100 spaces). Other nearby retailers include Tesco, Iceland, Poundstretcher, Savers and various banks.

Tenure

Freehold.

Description

The property comprises a four storey building arranged as a ground floor shop with a self-contained dental surgery arranged over first, second and attic floors. Access to the dental surgery is from the front.

VAT

VAT is not applicable to this lot.

Note

Buyer's Premium The buyer will pay 1% plus VAT of the Sale Price towards Vendor's Costs, in addition to the cost of the searches.

Completion Period

Six Week Completion Available.

EPC

Band D. See legal pack at acuitus.co.uk

Description

The property comprises a four storey building arranged as a ground floor shop with a self-contained dental surgery arranged over first, second and attic floors. Access to the dental surgery is from the front.

VAT

VAT is not applicable to this lot.

Note

Buyer's Premium The buyer will pay 1% plus VAT of the Sale Price towards Vendor's Costs, in addition to the cost of the searches.

Completion Period

Six Week Completion Available.

EPC

Band D. See legal pack at acuitus.co.uk

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reviews
Ground
Basement
Retail
Ancillary
39.02 sq m
41.47 sq m
(420 sq ft)
(446 sq ft)
N YASIN &
A YASIN t/a
Vapeology
21 years from
25/03/2003 until
24/03/2024
£16,750 25/03/2023
First

Second

Attic
Dental
Surgery
Dental
Surgery
-
39.40 sq m

39.40 sq m

-
(424 sq ft)

(424 sq ft)

(-)
S.ROY
t/a Key 2 Smile
Dental Surgery
15 years from
31/07/2012 until
30/07/2027
£18,000 31/07/2022
Total
159.29 sq m
(1,714 sq ft)
    £34,750  

Property Documents

  • Site Plan
    Updated Date
    19.06.19
    File Size
    1 MB
    View PDF
  • Catalogue Page
    Updated Date
    19.06.19
    File Size
    1 MB
    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
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Seller's Solicitors
Pearl & Coutts 9 White Lion Street
London
N1 9PD
James Thomson +44 (0)20 7843 9196james.t@pearl-coutts.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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