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Leasehold Retail Unit and Two Flats Producing £54,300 Per Annum
Address
See address
Auction date
23 Oct 2025
Guide price
£550,000
Type
Commercial
Tenure
Leasehold
EPC Rating
Unknown
Status
Ended
Description
This property consists of a retail unit positioned along Ilford High Road, alongside access to a one-bedroom flat and a two-bedroom flat located on the first and second floors. It is located directly opposite Seven Kings Mainline Station, ensuring convenient access to London Liverpool Street in about 21 minutes via the Elizabeth Line.
It features:
- Long leasehold for a term of 999 years from completion.
- Ground floor retail unit is let to Sue Ryder generating a revenue of £23,500 per annum until April 2027.
- The first floor flat generates £12,600 per annum, and the second floor flat generates £15,300 per annum in rent.
The total income for the property is approximately £51,400 per annum.
Last update: 05 Oct 2025
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