Two x Corner Mixed Use Freehold Commercial Investments with Development Potential - STP
Ideal Investment or Owner Occupation
Duncan Phillips are pleased to present a mixed used portfolio of shops with residential above. Located in the thriving area of Chingford Mount, with its busy High Street, with a variety of both multi nationals and independent retailers.
Chingford Mount is to the South of Chingford, with easy road links to North and East London, Essex and Hertfordshire.
The buildings consist the following. Double shop, comprising 1987 square foot. ERV £55,000 - £60,000 per annum, along with two, one bedroom flats currently let on AST’s achieving £23,400 per annum.
Further potential to reduce part of the shop and create a “mews” style house or to build above the shop to create additional residential unit(s) Subject to Planning Permission.
Single shop, comprising approx. 1,100 square foot. ERV £25,000 - £30,000 per annum.
Further potential, the first floor, currently used for additional storage and office use, could easily be refurbished to create a residential apartment, (subject to necessary approvals).
Guide Price: Offers in the region £1,300,000
