Freehold Retail and Residential
Freehold Retail and Residential
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.
Freehold.
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.
Freehold.
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.
VAT is not applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
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.
VAT is not applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Review | |
|---|---|---|---|---|---|---|---|
| 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.
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