An end-of-terrace mixed-use freehold property arranged over ground, first and loft levels, with side access and a rear yard. The ground floor provides former commercial accommodation with ancillary areas, with residential accommodation above including a loft room.
Opportunity – The property requires comprehensive refurbishment and offers scope for an investor, developer or owner occupier to refurbish and add value, with potential for wider redevelopment or reconfiguration, subject to all necessary planning, building regulation and other statutory consents.
The property is offered with vacant possession and, due to its present condition, is being marketed to cash buyers only. The vendor is seeking a swift sale and purchasers should be in a position to provide satisfactory proof of funds.
Purchasers are advised to inspect the property and satisfy themselves as to its condition, existing use and suitability for their intended purposes.
Location
The property occupies a prominent corner position on Lea Bridge Road (A104), at its junction with Catlin Road, Walthamstow, within the London Borough of Waltham Forest.
Lea Bridge Road is a well-established arterial route through the borough, providing connections towards Lea Bridge, Walthamstow and the Whipps Cross junction.
The surrounding area comprises a mixture of local retail and commercial premises with residential accommodation above, together with established residential streets in the immediate vicinity.
Accommodation
Commercial — Ground Floor
Shop: 32.4 sq m / 349 sq ft
Rear office: 23.1 sq m / 249 sq ft
Utility: 3.1 sq m / 33 sq ft
Shower room and WCCommercial – Ground Floor
Shop: 32.4 sq m / 349 sq ft
Rear Office: 23.1 sq m / 249 sq ft
Utility: 3.1 sq m / 33 sq ft
Showroom and WC
Residential Flat – Ground, First & Loft Levels
Kitchen: 6.2 sq m / 67 sq ft
Bathroom: 2.8 sq m / 30 sq ft
Lounge: 14.5 sq m / 156 sq ft
Bedroom 1: 9.2 sq m / 99 sq ft
Loft Room: 25.1 sq m / 270 sq ft
Total Floor Area Approx.: 126.6 sq m / 1,362 sq ft
Rear yard and side access provide additional external space.
Flat — Ground, First & Second Floors
Kitchen: 6.2 sq m / 67 sq ft
Bathroom: 2.8 sq m / 30 sq ft
Lounge: 14.5 sq m / 156 sq ft
Bedroom 1: 9.2 sq m / 99 sq ft
Loft room: 25.1 sq m / 270 sq ft
Total floor area approx: 126.6 sq m / 1,362 sq ft
Rear yard plus side access providing additional external space.
Terms
Asking Price: £515,000 Freehold, with vacant possession. Sale subject to contract.
The property is offered for sale freehold with vacant possession upon completion and in its existing condition.
Cash buyers only. The vendor is seeking a swift sale, and interested parties should be in a position to proceed promptly and provide satisfactory proof of funds.
Business Rates: Purchasers should make their own enquiries with the VOA and/or local authority.
EPC: To be confirmed.
VAT: Position to be confirmed.
Planning / Use: Interested parties should rely upon their own enquiries regarding the existing lawful use of the property and any refurbishment, conversion or redevelopment potential. Any proposed works or change of use will be subject to obtaining all necessary planning, building regulation and other statutory consents.