Location
The property is located on High Road, Leyton (A112) close to the Bakers Arms junction which is a busy intersection on the boundary of Walthamstow and Leyton. The adjoining roads at the junction are Hoe Street and Lea Bridge Road. The closest station is Walthamstow Central which is 0.8 miles away and provides a regular service into central London via the London Underground (Victoria Line) and London Overground. The A406 (North Circular) and M11 are both within close distance and the area is well served by buses. Nearby occupiers include Poundstretcher, Tesco, Domino’s Pizza, and Greggs.

Please note all distances given are approximate only.

Description
This property is arranged over three floors. The ground floor has commercial use and is occupied by a carpet and flooring showroom. The uppers parts provide 2 x self-contained flats accessed from High Road, Leyton. Both flats consist of two rooms, kitchen and bathroom.

Please note that the size given is approximate only. All interested parties are advised to rely on their own inspection and survey.

Tenancy
The ground floor is currently occupied by private individual on a recently renewed lease for a term of 12 years beginning March 2022 with a current passing rent of £24,000 per annum.

The flats are let on AST agreements. Please refer to the schedule for more detail.

See brochure for schedule.

Terms
Offers are invited in excess of £800,000, which represents a gross yield of 7.2%, against the current passing rent of £57,600 per annum. This equates to approximate capital value of £474 per square foot.

Tenure
The freehold interest is to be sold subject to the existing tenancies.

Viewings
Viewings are strictly by appointment through sole agents Harston&Co.