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618 Lea Bridge Rd

4,251 SF Retail Building London E10 6AP $1,898,710 ($447/SF)

Investment Highlights

  • A mix-use freehold retail unit with part commercial on the upper floors and basement
  • Transport links for the property are excellent, with Walthamstow Station being a 10 minutes walk to the north
  • Planning permission has been granted to part convert the existing building and extend the rear to provide 6 private residential apartments

Executive Summary

A mix-use freehold retail unit with part commercial on the upper floors and basement. There are also 2 leasehold vacant residential flats above.
Planning permission has been granted to part convert the existing building and extend the rear to provide 6 private residential apartments (2x1 beds, 3x2 beds, 1x3 bed) and retain the ground floor and basement.
Under this scheme, the residential GIA area equates to 533 sqm and the commercial area is 263 sqm. There may be scope for a wider redevelopment of the air space, subject to planning and any necessary consents.
The property is offered with vacant possession.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
4,251 SF
Building Class
B
Year Built
1900
Price
$1,898,710
Price Per SF
$447
Tenancy
Single
Building Height
4 Stories

Amenities

  • Security System
  • Storage Space
  • Air Conditioning

Nearby Major Retailers

Iceland
Nisa Local
Tesco Superstore
Costa Coffee
chaiiwala
Barclays
Tesco
Sainsbury's
Anytime Fitness
Roti Modern Mediterranean
  • Listing ID: 33918639

  • Date on Market: 11/19/2024

  • Last Updated:

  • Address: 618 Lea Bridge Rd, London E10 6AP

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