48-54 Leytonstone Rd 1,682 SF 100% Leased Retail Building London E15 1JA $735,678 ($437.38/SF) 6.02% Cap Rate

The property comprises a broadly rectangular 5 story brick built concrete frame building arranged as 4 commercial units on the ground floor and 9 self-contained 1,2 and 3 bed flats to the upper floors. Three of the commercial units face directly onto Leytonstone Road, whilst the fourth commercial unit and the entrance to the flats face Bow Street. All of the commercial units benefit from modern Aluminium shop
fronts and are fitted out to a high standard internally. There is a separate bin room to the rear of the building. The flats are referred to collectively as “CHELSEA COURT” and are laid over 1st, 2nd, third and fourth floors. The communal areas are well presented with carpeting to the floors, plaster and painted wall surfaces including fire and smoke alarms including self operating smoke vent on the top floor. The flats and commercial units are served by all main utilities to include water, electric, gas and air conditioning etc. There is also a bicycle and bin chamber for the flats including an internal lift to access all of the upper floor