869 Lea Bridge Road

Investments/Development Opportunities,Walthamstow,E17 9DS,A1 , Withdrawn

Commercial information:

0 sq ft ( 0 sq m)

Price : £1,000,000.00

Key features

Size: 0Sq ft | Property Type: Investments/Development Opportunities
Tenure: Freehold | Area: Walthamstow | Postcode: E17 9DS


The property is situated on Lea Bridge Road (A104), close to the junctions with Wood Street & Whipps Cross Road. Whipps Cross Hospital (Barts Health NHS Trust) is located within a short walk as is Wood Street Main Line Station (service into London Liverpool Street Station). The property is well served for the local & National road network being within a few minutes drive of Waterworks Roundabout (A406) & onward connections to (A12 / A13) & the (M11/M25) Motorways.

Contact Details

Bennett Phillips Luton

199a High Road
IG10 4LF

Tel : 020 8501 3000
Phone : 020 8501 3000
Fax : 020 8500 5008


Fully Let Income Producing Shop,

 1 x 1 bed flat & 5 x Studio’s


Self-contained  Studio units

Established Use

Landlord Certificates in place

6.5% return before costs

Separately rated throughout

Other Details


ACCOMMODATION: Comprising a two storey mixed use commercial & residential property laid-out to provide an extensive ground floor shop, with a one bed flat & 5 additional studios all located on the 1st floor. All parts of the demise benefit from having their own self-contained facilities & are separately metered & assessed for Business rates & Council Tax respectively. EXISTING TENANCIES AND RENTAL INCOMES DERIVED: Shop A new FRI Lease was granted to Pasta Remoli Production Ltd on 11th June 2019 for a term of 6 years, subject to a mid-term upward only rent review at a commencing rent of £25,000pax. The Lease provides for a tenant Break on 10th December 2022. The premises are used as a ‘dark kitchen’ & produces fresh pasta on site for the companies 6 retail outlets. Residential There are a total of 5 studios and a one bedroom flat all of which are let on periodic AST's providing a combined income of £46,200 per annum. The total income from the shop and residential units is therefore £71,200 per annum.


Self-contained Studio units Established Use Landlord Certificates in place 6.5% return before costs Separately rated throughout


Tenure. Freehold to include the benefit of the above tenancies & rental income derived which totals £72,100pa. Salient Information: All flats are separately metered. Separate rate assessments throughout. Landlord Licences for each residential unit. Establish Use Certificates in place. Rent deposits equal to 6 weeks rent held in respect of each residential Letting & 3 months in respect of the shop.


Price. Offers are invited in excess of £1 Million.

Legal Costs

Each party are to be responsible for their own legal costs borne in this transaction.


Vacant possession is to be granted if applicable in the event any part should be vacant on completion.


VIEWING: Strictly by appointment through agents Bennett Phillips Luton | 0208 501 3000 Contact Marc Luton at marc@bennettphillips.com

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