https://www.thelandsite.co.uk/files/properties/509967825bb011e98dac024b03131eda/58-62626684d18d2522984909.jpeg
Finance

Finance

Insurance

Insurance & Building Warranties

Investment for sale in Ilford

792-808 High Road & 2-10 Goodmayes Road, Goodmayes,
For sale
£5,400,000

COMMON USE CLASS: B1 Business, C1 Hotels

Strettons
This property is marketed by:
Strettons

Property Features

  • Unbroken mixed-use Freehold parade
  • 5 ground floor retail units and 15 flats on the upper floors all fully let
  • Numerous asset management opportunities to enhance rental income
  • Planning permission for mixed-use 35 room hotel led (C1) scheme

 

Property Description

The property comprises of a substantial purpose built block, originally constructed in the 1960’s for office use before being subsequently converted and extensively remodelled, including the construction of an additional floor. The current accommodation provides 5 ground floor retail units and 15 apartments above. The residential has been split into two entrances, Holly House accessed from Goodmayes Road (B177) and Daisy House accessed from High Road (A11).

The shops provide a mix of accommodation and configurations, with both single and double units. Externally, the property benefits from a gated rear yard with vehicular access via Goodmayes Road.

Goodmayes is situated within the London Borough of Redbridge, approximately 16 km (10 miles) east of Central London, equidistant between Ilford and Romford town centres which lie approximately 3.2 km (2 miles) to the West and East respectively. The subject property occupies a prominent corner position on the east side of High Road (A118) at its junction with Goodmayes Road (B177) in the heart of the town centre, less than 100 meters north of Goodmayes Crossrail Station. The retail parade is prominently visible and the area offers a variety of national and independent retailers including Costa, Tesco, Nando’s, Aldi and McDonald’s.

Goodmayes has an excellent retail offering benefiting from both a prominent high street and retail park. Goodmayes Retail Park is a 102,440 sq. ft. fully let scheme with occupiers including Harveys, B&M, Currys, PC World amongst others. There are also various other retail parks in the area stretching from Ilford to Romford. . The High Road has a become a food and beverage hub for East London and Essex with various independent and national food chains. The area also boasts some excellent recreational facilities with abundance of parks, including Goodmayes and Seven Kings, Goodmayes Recreation Ground, as well as a number of gyms, football and cricket pitches.

 


Call Agent

Find Professionals in your search area

Contact us via [email protected]