Freehold investment for sale in Walthamstow

This property is marketed by:
Clarke Hillyer

Key features

• Freehold investment for sale

• Comprising restaurant, staff area & external seating

• Current income £20,000 per annum

• Site area approx 2,250 sq. ft.

• Possible redevelopment potential (STPP)

Location

The property is located on the northern side of Lea Bridge Road (A104) in Walthamstow, which connects Leyton High Road to Woodford New Road. Woodford New Road leads to Waterworks Corner roundabout, from which the North Circular Road (A406) can be accessed. The closest train station is Wood Street (Overground) and the area is served by local buses.

Description

The property is situated at the end of a parade of shops with flats above and benefits from a prominent frontage onto Lea Bridge Road. The premises comprise a ground floor restaurant with a staff, store and shower room on the first floor. There is also an external seating area and the whole site has an approximate area of 2,250 sq ft (209 sq m), which may be suitable for reconfiguration/redevelopment, subject to gaining vacant possession and the necessary consents. The accommodation is more particularly described as follows:

• Internal seating area: 391 sq ft (36.3 sq m).
• Servery: 87 sq ft (8.1 sq m).
• Rear seating: 181 sq ft (16.8 sq m).
• Kitchen: 109 sq ft (10.2 sq m).
• Store: 57 sq ft (5.3 sq m).
• 1st floor staff area: 252 sq ft (23.4 sq m)
• External seating area: 1,189 sq ft (110.5 sq m)

All measurement quoted are approximate only.