321 Ley Street, Ilford, IG1 4AA

For sale Investment / mixed-use
395,000
1,798 sq ft
investment
Chris Collins
Commercial and Investment Agency
Jamie Smith

Key features

  • An opportunity to acquire a mixed use investment in a desirable location
  • Passing rent of £18,400 per annum
  • Asset management opportunities with potential to uplift the rent due to outstanding rent review
  • Property comprises of a ground floor retail unit and two bedroom flat above which is internally accessed
  • The entire building is let on a 15 year term from September 2019 with upward only rent reviews in 5 yearly intervals

Description

The property comprises a ground floor shop and first floor residential accommodation as part of a parade.

The property is situated fronting Ley Street in this busy secondary main road. Ley Street leads within a short drive through to the A12 (Eastern Avenue) which joins up to Gants Hill the A406 (North Circular) and the M11. Newbury Park Central Line Station and Ilford’s town centre with it's substantial shopping and leisure facilities are both within a short drive of the property.

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Chris Collins
Commercial and Investment Agency