Share This Listing

Message

963 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the agent for more information about this property

514-518 High Rd 5,119 sq ft 100% Let Retail Property Ilford IG3 8EG £2,500,000 (£488.38/sq ft) 7.32% Net Initial Yield

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Fully tenanted and income producing
  • Refurbished
  • High Road Location

EXECUTIVE SUMMARY

Prime Ilford Investment Opportunity. Comprising a ground-floor retail unit on a long lease, eight refurbished one-bedroom apartments, all occupied by professional tenants. Current income of £183,000, reflecting a yield of 7.32% at the asking price.

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL ANNUAL PER sq ft
Gross Rental Income £183,000 £35.75
Other Income - -
Vacancy Loss - -
Effective Gross Income £183,000 £35.75
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income
Annual £183,000
Annual Per sq ft £35.75
Other Income
Annual -
Annual Per sq ft -
Vacancy Loss
Annual -
Annual Per sq ft -
Effective Gross Income
Annual £183,000
Annual Per sq ft £35.75
Net Operating Income
Annual -
Annual Per sq ft -

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Office
Property Size
5,119 sq ft
Costar Property Class
B
Year Built
1962
Price
£2,500,000
Price per sq ft
£488.38
Yield
7.32%
NOI
£183,000
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3
Frontage
43 ft on High Road

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • sq ft OCCUPIED
  • RENT/sq ft
  • LEASE END
  • Wholesaler
  • -
  • -
  • -

Bathstore is now exclusively at Homebase and you can still plan your dream bathroom, as all the products you love, are now available online at Homebase, or at your local Homebase store. If you have any queries, please contact the Homebase team. Bathstore exists to design and manufacture high quality products that are affordable, allowing you to create your dream family bathroom, en-suite or cloakroom within your budget. From beautiful freestanding baths and gorgeous fitted bathroom furniture, right down to the bathroom essentials such as matching taps, towel radiators, mirror cabinets and so much more. Because at Bathstore, bathrooms mean more.

  • Churchgate Construction Ltd
  • -
  • -
  • £13.63
  • Aug 2019
TENANT INDUSTRY sq ft OCCUPIED RENT/sq ft LEASE END
Wholesaler - - -
Churchgate Construction Ltd - - £13.63 Aug 2019

NEARBY MAJOR RETAILERS

Co-op
Fitness First
Farmfoods
Iceland
Lidl
Starbucks
Sainsbury's
PureGym
Costa Coffee
Lloyds Bank
  • Listing ID: 38113426

  • Date on Market: 17/10/2025

  • Last Updated:

  • Address: 514-518 High Rd, Ilford IG3 8EG

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}