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372 High Rd 875 sq ft Retail Property Woodford Green IG8 0XQ £450,000 (£514.29/sq ft) 6.11% Net Initial Yield

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Investment Highlights

Excellent connectivity, with Woodford Station on the Central line offering direct, fast links to the City and West End, supporting strong commuter and
Established residential catchment, with period housing and long-standing neighbourhoods that underpin rental stability.

High-performing High Road position, surrounded by national and independent retailers, generating steady footfall and contributing to strong tenant ret

Executive Summary

This shop-and-uppers investment is positioned on the High Road in Woodford Green and comprises approximately 1,644 sq ft arranged over the ground and upper floors. The property is let on a new 10-year commercial lease producing £27,500 per annum, with a break option and rent review at year five, providing both income security and flexibility. The upper parts offer scope for residential conversion, subject to the necessary consents, creating a clear longer-term value angle. Priced at £450,000 and open to offers, the opportunity may also benefit from potential stamp duty relief, making it suitable for investors seeking income with future planning potential.
Tenure: Freehold
Gross Rent: £27,500
Asking Price: £450,000

372 High Road - Brochure