111-121 High Road, Ilford IG1 1DE
Prime Freehold Investment
- 100% Prime retailing position on the north side of High Road
- Retail property arranged over ground and two upper floors providing a total gross internal area of 34,473 sq ft.
- Let to Boots UK Limited and Shoe Zone Retail Limited.
- Current rent of £463,500 per annum.
- The property offers various asset management opportunities including the conversion of the upper parts to student accommodation or residential use (subject to planning)
- Freehold.
- Offers in excess of £5,850,000, reflecting a net initial yield of 7.42% and low capital value of £170 per sq ft.