7 bedroom property for sale

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7 bedroom property for sale

Rare Investment Freehold | Corner Site | Ilford Lane | IG1
£3,500,000

Our Summary

  • Current businesses will be unaffected with the sale, however there is further potential to increase the property size and layout subject to the relevant planning permissions

Description

This rare opportunity presents the chance to acquire two adjoining freehold mixed-use units on Ilford Lane, generating over £245,000 in annual income from a combination of commercial and residential spaces. The three-level buildings, comprising a basement, ground, and first floor, are fully occupied with existing businesses and residential units, with all legal agreements in place. The property offers potential for expansion and reconfiguration, subject to planning permissions, and sits on a 6064 sq ft corner plot site. The property is currently set up with six commercial units and five residential units, including one and two-bedroom apartments. Viewings are strictly by appointment only, and interested parties should contact Hawks Estate Agents to discuss the property and its income stream in more detail.