421 High St N 1,105 SF Retail Building London E12 6TL $922,656 CAD ($834.98 CAD/SF)

Shop and basement currently used as an estate agents plus a 2 bedroom self-contained flat at first floor level and accessed via the front of the premises. The shop is arranged as main shop area, middle office and rear office with WC plus yard and some outbuildings. There is potential to extend over the rear yard to extend the shop area, subject to the necessary consents. The flat comprises 2 double bedrooms, bathroom with WC and kitchen/diner/lounge. The tenant’s have been given notice to vacate.
The commercial tenants are holding over on a commercial lease. Shop let to Lincoln Estates (UK) Ltd from 10th March 2014 for a term of 5 years at £12,000 pa. The tenant is currently holding over on the original lease. The lease is on full repairing and insuring terms. Flat held on an AST (Section 21 notice served and the landlord has commenced the eviction process).