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Lot 5 - FREEHOLD COMMERCIAL AND RESIDENTIAL INVESTMENT CURRENTLY PRODUCING AN ANNUAL INCOME OF £91,800.

818 High Road, Leyton, London, E10 6AE

Sold for £1,150,000
Thu Apr 03 2025
11:00am
By Order Of Uzum Co Properties Ltd

Property Description

The property is situated on the eastern side of High Road Leyton, close to the Bakers Arms junction. High Street, Leyton, is a vibrant and diverse area in East London, part of the borough of Waltham Forest. It serves as a key commercial hub with a mix of independent shops, cafes, and local businesses, reflecting the multicultural character of the community. The street runs through the heart of Leyton, linking to major routes such as Lea Bridge Road and the A112, providing easy access to Stra

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An unbroken 5-storey building arranged as retail at ground and residential across four upper floors.

The building is fully occupied and income producing a total of £91,800 per annum. The shop is leased on a 20 year agreement, inside the Landlord & Tenant Act, with no breaks, from 2022.

Each flat is let on a 12 month AST, and the sale is proposed with tenants in situ.

Ground Floor Shop - 72.69 SQ M - Rented at £24,000 pa
First Floor Flat - 47.1 SQ M - Rented at £17,400 pa
Second Floor Flat - 50.30 SQ M - Rented at £18,000 pa
Third Floor Flat - 50.30 SQ M - Rented at £14,400 pa
Fouth Floor Flat - 50.10 SQ M - Rented at £18,000 pa

PRODUCING £91,800 PA

GF Shop = D
First Floor Flat = C
Second Floor Flat = B
Third Floor Flat = B
Fouth Floor Flat = C

Auction Surveyor: Michael Mercer
020 8509 4406 michael.mercer@strettons.co.uk

  • Friday 21st March at 10:30am - 11:30am

* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.