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514-518 High Rd 5,119 SF 100% Leased Retail Building Ilford IG3 8EG $3,336,715 ($651.83/SF) 7.32% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Fully tenanted and income producing
  • Refurbished
  • High Road Location

EXECUTIVE SUMMARY

Prime Ilford Investment Opportunity. Comprising a ground-floor retail unit on a long lease, eight refurbished one-bedroom apartments, all occupied by professional tenants. Current income of £183,000, reflecting a yield of 7.32% at the asking price.

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL ANNUAL PER SF
Gross Rental Income $244,248 $47.71
Other Income - -
Vacancy Loss - -
Effective Gross Income $244,248 $47.71
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income
Annual $244,248
Annual Per SF $47.71
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $244,248
Annual Per SF $47.71
Net Operating Income
Annual -
Annual Per SF -

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Office
Building Size
5,119 SF
Building Class
B
Year Built
1962
Price
$3,336,715
Price Per SF
$651.83
Cap Rate
7.32%
NOI
$244,248
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Frontage
43’ on High Road

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Wholesaler
  • -
  • -
  • -

Bathstore is now exclusively at Homebase and you can still plan your dream bathroom, as all the products you love, are now available online at Homebase, or at your local Homebase store. If you have any queries, please contact the Homebase team. Bathstore exists to design and manufacture high quality products that are affordable, allowing you to create your dream family bathroom, en-suite or cloakroom within your budget. From beautiful freestanding baths and gorgeous fitted bathroom furniture, right down to the bathroom essentials such as matching taps, towel radiators, mirror cabinets and so much more. Because at Bathstore, bathrooms mean more.

  • Churchgate Construction Ltd
  • -
  • -
  • $18.19
  • Aug 2019
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Wholesaler - - -
Churchgate Construction Ltd - - $18.19 Aug 2019

NEARBY MAJOR RETAILERS

Co-op
Fitness First
Farmfoods
Iceland
Lidl
Starbucks
Sainsbury's
PureGym
Costa Coffee
Lloyds Bank
  • Listing ID: 38113426

  • Date on Market: 10/17/2025

  • Last Updated:

  • Address: 514-518 High Rd, Ilford IG3 8EG

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