72-74 High St
492 SF Retail Condo Unit Offered at $574,282 CAD in London E15 2QB
INVESTMENT HIGHLIGHTS
- Located in an area of Stratford benefitting from investment and development.
- Large glazed frontage.
- Great footfall area.
EXECUTIVE SUMMARY
The property comprises a seven storey building with retail/office space on the ground floor.
PROPERTY FACTS
| Price | $574,282 CAD |
| Unit Size | 492 SF |
| No. Units | 1 |
| Total Building Size | 6,615 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Sale Type | Investment |
| Building Class | B |
| Floors | 8 |
| Typical Floor Size | 6,615 SF |
| Year Built | 2010 |
| Lot Size | 0.39 AC |
1 UNIT AVAILABLE
Unit 1
| Unit Size | 492 SF |
| Price | $574,282 CAD |
| Price Per SF | $1,167.24 CAD |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Long Leasehold |
DESCRIPTION
The double height retail units have been built to a shell specification with capped services. Whilst the units are ground floor only planning consent exists for a mezzanine.
SALE NOTES
We are offering the opportunity to purchase the long leasehold of a unit close to Stratford town centre offering a rental income with fixed growth potential.
The unit is a ground floor premises with a WC and kitchen area. Currently occupied by Jason Bikes limited on a rent of £16,000 per annum within a lease dated 30th September 2022 for 10 years with a upwards only rent review in September 2027. A mutual break option can be exercised by both parties at September 2027. The property benefits from E class use.
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AMENITIES
- Bus Line
- Signage
NEARBY MAJOR RETAILERS
