Freehold shop & upper part for sale – comprising a deceptively large shop which is available as a whole ground floor area together with extremely large rear yard which could be redeveloped (subject to the necessary consents).
The premises was formerly used as a restaurant/bar and we understand that the premises can only be used for a restaurant, bar or café.
The upper part is sold off on a long lease of 125 years from 2022 at £300 pa ground rent until 2047, rising to £600 pa until 2071 and then £999 pa for the remainder of the lease.
The premises are in need of refurbishment and are being offered in shell condition.
*Please note the property is subject to an ACV (Asset of Community Value) whereby the property can only be used as a bar, restaurant, café.
Freehold site for sale with industrial buildings – Suitable for a variety of uses/re-development (STP) – 0.250 acres/0.101 hectares – comprising a roughly rectangular site made up of a combination of 5 industrial and warehouse buildings plus ancillary parking and a long driveway into the site. Northwall Road is predominantly a residential street and is thought that the site would benefit from re-development to either residential, community or educational use or remain as industrial, subject to the necessary planning consents. The property is being offered subject to the current lease, notice has been served to terminate this lease. The site is being offered unconditional of planning and with vacant possession.
Ground Floor Double Fronted Prominent Retail Premises with E use arranged over ground & 1st floor – comprising a wide double fronted retail unit which is thought suitable for retail, supermarket, restaurant, café, gym or any other use within class E. The premises are arranged over ground and first floor and benefits from large window display area, suspended ceiling with inset lighting, 3 phase power supply and electric shutters. The first floor comprises office and storage area.
Immediately available for occupation.
Substantial Corner Premises with Yard and Detached Warehouse with Development Potential – Freehold for Sale – Comprising substantial corner premises plus yard and rear warehouse building all with development potential. The premises fronting Leytonstone Road comprises two shops, rear offices and storage. The first floor comprises offices which run across both shops and arranged as two good sized offices, storage room, kitchen and WC plus a porta cabin which is situated at first floor level. The premises also have a basement which was not inspected. To the rear of the building is a car-parking area with access from Davies Lane plus a rear warehouse with roller shutter access, which is arranged over two levels plus a loft space (in part) plus single storey (in part). This property has a pitched roof and fronts Davies Lane. The whole of the property is offered with full vacant possession and has conversion and/or re-development potential or could be refurbished and held as an investment.
Substantial freehold for sale – *retail/residential development opportunity* – comprising a substantial corner property formerly used as a bank and retail shop at ground floor level with residential and ancillary space on 1st and part 2nd floors. Within the space there is a self-contained flat with separate kitchen and bathroom and also another area which could easily be converted into residential and could create a 4 bedroom flat. The ground floor would lend itself to splitting into 4 residential units (subject to the necessary planning consents). There is parking for 2-3 cars to the side of the property plus a further parking area for 4-5 cars on the council car-park which is adjacent.
Freehold commercial and residential investment for sale, comprising a substantial building arranged over ground, part first, part second and third floors. The ground floor is extremely deep and comprises retail sales area plus rear storage, mezzanine staff room area and a two storey section to the far rear of the property fronting Castle Mews which is accessed from Castle Road. In order to appreciate the layout of the shop premises, an inspection is recommended. Please note that the retail area is partly separated from the storage area by way of a staircase which cuts off the shop which leads to the mezzanine staff room. The shop is currently let to Clarks shoes and the lease is expiring in September 2020 and they have given notice that they are vacating.
The upper part is accessed via a door to the right of the shop front and comprises five self-contained flats as follows:
1 x 1 bed and 1 studio at first floor level
1 x 2 bed and 1 studio at second floor level
1 x 2 bed at third floor level
All flats are currently let on Assured Shorthold Tenancies as per the attached schedule.
