ESTATE AGENTS & SURVEYORS

HIGH ROAD LEYTONSTONE, LONDON, E11

£950,000   |  Hot Food and Takeaway   |  For sale   |  Freehold



ABOUT THIS PROPERTY

***FREEHOLD COMMERCIAL PROPERTY FOR SALE*** includes shop and 5 bedrooms above the shop.
 
The property has a rear land, consisting of open yard with shutters and another adjacent yard with shutters which has a roof (lock up garage!)
 
Previously the owner applied for a double storey building, which was refused in principle, but the council will allow a single storey building. Currently all the rooms are rented out, and they are kept in a very good condition.
 
The shop also is rented out on a 15 year lease from 2005 and the rent review is almost due. The shop is currently operating as a fast food take away, and has an A5 licence. There is a very large basement, which is being used for storage.
 
Situated on the corner of this well located area in Leytonstone High Road, amongst other popular amenities, such as Tesco Express, Argos, Post Office and Bank not to forget the underground station just a few minutes up the road, this surely is a great investment!
 
There is parking outside the shop on the high road and high street.

PROPERTY FEATURES

  • Sale price: £950,000
  • Rent: £10,000 per annum (£193 per week for the shop)
  • 5 Rooms: £35,000 per annum in total
  • Garage rental: £10,000 per annum

 

 

 

CONTACT US ABOUT THIS PROPERTY

Belmonts
Office 7, 35-37 Ludgate Hill
London EC4M 7JN
T: +44 (0)203 4111 411
E: enquiries@belmonts.co.uk