Description

Of interest to owner occupiers and investors, Highfield are pleased to offer this existing rear unit that forms part of a newly built mixed-use development comprising a ground floor commercial unit (fronting Leucha Road) which is being offered in shell condition. The unit measures approximately 1,340ft2 / 124.4m2 and offers a WC.

Location

The property is located on St James Street within the London Borough of Waltham Forest. The streets are lined with an array of shops from small traditional shops to larger supermarket chains, clothing stores, cafes and fast food eateries.

Walthamstow market is open 5 days a week Tuesday-Saturday, offering general goods, food and clothes. A Sunday farmers market also offers, freshly grown produce, fresh meats and fish.

Transport

The property is opposite St James Street Overground Station which has direct links to Walthamstow Central Underground (Victoria Line) giving easy access into London’s West End. The London Bus network ensures quick routes to the surrounding areas, many of which stop at Walthamstow Central Station. The A12, A406 and A10 are all a short drive from the property, all having links in and out of Central London and leading out on to the M25 and M11.

Planning Permission

There may be potential to convert the property to residential, subject to the necessary consents. The head lease being offered will have Freeholders consent for C3 use class.

VAT

We understand that VAT is not applicable.

Viewings

Please speak to a member of the Highfield team for viewing arrangements.

Tenure

Leasehold – 999 years from completion at a peppercorn

Additional Information

Terms

We are inviting offers in excess of £250,000 for the freehold interest.

Buyers note: The property will be placed in the next Strettons Auction on the 27th March 2017 at the Grand Connaught Rooms, Great Queen Street, London WC2B 5DA if not sold prior.