77-79 Station Rd Local 383 m² En venta London E4 7BU 1.338.495 € (3.493,56 €/m²)

Lot 498 is available by way of Savills Auction 16th September 2025
The property comprises a high yielding, multi-let, mixed-use investment opportunity located in the heart of Chingford and benefitting from both asset management and development potential (subject to consents). Arranged as two ground floor retail units, with office suites to the first and second floors, the property is let to six tenants with the second floor office suite currently vacant and offering both asset management potential via letting, as well as potential to convert to alternative uses, including residential (subject to obtaining the requisite consents). Unit 77 is let to Ladbrokes Betting & Gaming Limited on a new 15 year lease nad paying £29,375 per annum Unit 79 is let to Private Individuals trading as a restaurant on a 15 year lease expiring 10.01.2039 and paying £26,500 per annum. The upper parts are let to four tenants on rolling periodic tenancies and produce a total rent of £49,400 per annum. Please see the below tenancy schedule for more information. The second floor is currently vacant we consider offers asset management potential via letting, improving the rental income for the building. Alternatively the second floor or all the upper parts could be converted to alternative uses, including residential (subject to the existing leases and any requisite consents). The property occupies a prominent corner pitch at the junction of Stanley Road and Station Road. Station Road comprises the principal retail amenity in Chingford and is the principal route for access to Chingford Station, approx. 0.2 miles away. Nearby tenants include Caffe Nero, Greggs, Amazon Fresh, Costa, Boots and Tesco.