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372 High Rd 1,644 SF Retail Building Woodford Green IG8 0XQ $840,236 CAD ($511.09 CAD/SF) 6.11% Cap Rate
Investment Highlights
- Register for exclusive off-market opportunities - www.calibreacquire.co.uk/listings
- 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
Register for exclusive off-market opportunities - www.calibreacquire.co.uk/listings
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
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
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Building Size
1,644 SF
Building Class
C
Year Built
1932
Price
$840,236 CAD
Price Per SF
$511.09 CAD
Cap Rate
6.11%
NOI
$51,348 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.75
Lot Size
0.05 AC
Frontage
18’ on High Road
Amenities
- Bus Line
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- C J Packford Opticians
- Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| C J Packford Opticians | Services | - | - | - |
Nearby Major Retailers
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372 High Rd
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