604 Lea Bridge Road Leyton London E10 7DN

604 Lea Bridge Road
Leyton
London
E10 7DN

Freehold Retail and Residential Investment

Entirely let until 2052
Prominent and busy corner position
Popular East London suburb
Long term residential redevelopment potential
Nearby occupiers include Halifax, Iceland, Barclays, William Hill and Tesco
Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot
51
Auction
10th December 2015
Rent
£37,000 per Annum Exclusive
Status
Sold
Price
£765,000
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

Important Update Interested?

Expand
Photos
Map

Freehold Retail and Residential Investment

Entirely let until 2052
Prominent and busy corner position
Popular East London suburb
Long term residential redevelopment potential
Nearby occupiers include Halifax, Iceland, Barclays, William Hill and Tesco
Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot 51
Auction 10th December 2015
Rent £37,000 per Annum Exclusive
Status Sold
Price £765,000
Sector
High Street Retail
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

Property Information

Location

Miles: 1.5 miles south of Walthamstow, 2.5 miles north of Stratford, 6 miles east of the City of London
Roads: A12, A406 (North Circular Road)
Rail: Walthamstow Central Underground Station (Victoria Line), Leyton Underground Station (Central Line), Leyton Midland Road Rail Station (32 minutes to London Fenchurch Street)
Air: London City Airport, London Heathrow Airport, London Stansted Airport

Situation

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.

Tenure

Freehold.

Location

Miles: 1.5 miles south of Walthamstow, 2.5 miles north of Stratford, 6 miles east of the City of London
Roads: A12, A406 (North Circular Road)
Rail: Walthamstow Central Underground Station (Victoria Line), Leyton Underground Station (Central Line), Leyton Midland Road Rail Station (32 minutes to London Fenchurch Street)
Air: London City Airport, London Heathrow Airport, London Stansted Airport

Situation

Tenure

Freehold.

Description

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.

Six Week Completion

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x.	Reviews
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