Comprises restaurant/takeaway let until April 2028 t/a Lahori Kulfi & Falooda Restaurant
Includes large self contained 4 bedroom maisonette let on an AST
In the same ownership for over 45 years
Within walking distance from Forest Gate Railway Station (Elizabeth Line)
VAT free investment
Lot 5
Auction 11th December 2025
Rent £44,750 per Annum Exclusive
Status Available
Guide* £575,000
Sector High Street Retail, Residential
Auction Venue Live Streamed Auction
Property Information
Location
Miles
1 miles east of Stratford, 3 miles north-east of Canary Wharf, 6 miles north-east of Central London
Roads
A114, A118, A406 (North Circular Road)
Rail
Forest Gate Railway Station (Elizabeth Line), Upton Park Underground Station (Circle Line)
Air
London Heathrow Airport, London Luton Airport, London Stansted Airport
Situation
The property is prominently situated on a prime retailing position on Upton Lane, close to its junction with Romford Road (A118). The immediate vicinity provides an eclectic mix of independent retailers, cafes and restaurants and benefit from being some 450 metres south of Forest Gate Railway Station (Elizabeth Line).
Tenure
Freehold.
Location
Miles
1 miles east of Stratford, 3 miles north-east of Canary Wharf, 6 miles north-east of Central London
Roads
A114, A118, A406 (North Circular Road)
Rail
Forest Gate Railway Station (Elizabeth Line), Upton Park Underground Station (Circle Line)
Air
London Heathrow Airport, London Luton Airport, London Stansted Airport
Situation
The property is prominently situated on a prime retailing position on Upton Lane, close to its junction with Romford Road (A118). The immediate vicinity provides an eclectic mix of independent retailers, cafes and restaurants and benefit from being some 450 metres south of Forest Gate Railway Station (Elizabeth Line).
Tenure
Freehold.
Description
The property comprises a retail/restaurant unit arranged on the ground and basement floors, with a separately accessed maisonette on the upper two floors currently arranged to provide four bedrooms, kitchen, living room and a bathroom.
VAT
VAT is not applicable to this lot.
EPC
Retail Unit - Band C, Residential Flat - Band D.
Description
The property comprises a retail/restaurant unit arranged on the ground and basement floors, with a separately accessed maisonette on the upper two floors currently arranged to provide four bedrooms, kitchen, living room and a bathroom.
VAT
VAT is not applicable to this lot.
EPC
Retail Unit - Band C, Residential Flat - Band D.
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Tenant
Term
Rent p.a.x.
Review
Ground Basement
Retail Ancillary
64.19 30.66
(691) (330)
INDIVIDUAL (t/a Lahori Kulfi & Falooda)
18 years from 26/04/2010 until 25/04/2028
£20,750
26/04/2025
First/Second
Residential
114.10
(1,228)
INDIVIDUAL
12 month AST from 14/06/2024
£24,000
Total
208.95
(2,249)
£44,750
N.B. The commercial floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk).
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
