Commercial Investment, 24-30 Orford Road, Walthamstow Village, Walthamstow, E17 9NJ

The property comprises two adjoining period buildings which form a larger terrace. The upper floors comprise 5 self-contained residential maisonettes/flats which have been sold off on individual 125-year leases from 25.09.2013. The ground rent from each flat is £XXX per annum rising to £XXX per annum after 33 years and rising again to £XXX per annum after the 66th year expiry. The residential tenants are collectively responsible for 45.8% of the total cost of the repair and maintenance of the entire building.

Location

The property is situated in the London Borough of Waltham Forest which is 10.3 miles Northeast from Central London.  The area benefits from excellent transport amenities which connect to the neighbouring boroughs.  Furthermore, Waltham Forest has seen over £XXXb spent over the last 5 years on housing transport, and infrastructure.  Due to the growth and development of the area, it was awarded as one of thebest places to live in London in 2022 by Forbes magazine.

Accommodation

Overall Built Frontage of both units - 63 ft 7 ins

24/26 Orford Road (Grocery Store)

Ground Floor Sales - 2,385 sq ft

Ground Floor Ancillary - 557 sq ft

28/30 Orford Road (Bistro)

Ground Floor Sales - 1,275 sq ft

Kitchen - 527 sq ft

Rear Garden - 470 sq ft

Total - 5,214 sq ft

Terms

Price - £XXX

Tenure - Freehold

VAT Applicable - No

Rateable Value - £XXX