High Road, Leyton, London

** FREEHOLD SHOP INVESTMENT FOR SALE ** - The property is situated on High Road, Leyton, on an established shopping parade comprising a variety of local occupiers. Leyton Underground Station (Central Line) is less than 0.1 miles from the premises and the area is served by local buses. Comprising a ground floor lock-up shop and basement which is currently trading as a money transfer/mobile phone shop. On the first and second floor is a self-contained flat which is sold off on a long lease. The shop and basement are held on a 12 year full repairing and insuring lease from December 2017, subject to 4 yearly rent reviews. The current rent has been agreed at £12,000 per annum. The residential upper part is sold off on a 99 year lease from March 1988 at a ground rent of £150 per annum. Please call CLARKE HILLYER on for further information.

Location - The property is situated on High Road Leyton, on an established shopping parade comprising a variety of local occupiers. Leyton Underground Station (Central Line) is less than 0.1 miles from the premises and the area is served by local buses.

Description - Comprising a ground floor lock-up shop and basement which is currently trading as a money transfer/mobile phone shop. On the first and second floor is a self-contained flat which is sold off on a long lease. The accommodation is more particularly described as follows:
Sales area: 258 sq ft (24 sq m).
Lobby/kitchen/office: 126 sq ft (11.8 sq m).
Rear Office: 139 sq ft (13 sq m).
Basement: not inspected.
Rear yard.
External w/c.

All measurements quote are approximate only.

Leases - The shop, yard and basement are held on a 12 year full repairing and insuring lease from December 2017, subject to 4 yearly rent reviews. The current rent has been agreed at £12,000 per annum.
The residential upper part is sold off on a 99 year lease from March 1988 at a ground rent of £150 per annum.

Terms - The freehold is available, subject to the existing leases, for £195,000.

Business Rates - The London Borough of Waltham Forest have informed us of the following in respect of the shop:

2023 Rateable Value: £8,000

Viewings - Strictly via sole agents Clarke Hillyer, tel .

Epc - An Energy Performance Certificate has been ordered and will be available in due course.