Auction House London

Lot 22

Commercial Property - Commercial Property 

250 High Road

Ilford, Essex, IG1 1YT

Sold after auction for an undisclosed amount

A Ground Floor Retail Unit Subject to a 10 Year FRI Commercial Lease Producing £30,000 Per Annum and Vacant First Floor Offices. A Permitted Development Application has been Submitted to Convert the First Floor into Two Residential Flats.

30th June Completion Available at Buyer's Request


The property comprises a ground floor retail unit and first floor offices situated within a detached building arranged over ground and nineteen upper floors.


Leasehold. The property is held on a 250 year lease from 30th August 2017 (thus approximately 246 years unexpired).


The property is well situated on High Road just a five minute walk to the main shopping centre. Nearby multiples include KFC, McDonalds and Lidl. The open spaces of South Park are within easy reach. Transport links are provided by Ilford rail station.


Ground Floor
Retail Area

GIA 180.7 sq m (1,944 sq ft)

First Floor
Seven Office Suites
Reception Area
Two WC's

GIA 180.7 sq m (1,944 sq ft)


The property benefits from four car parking spaces. Two are demised to the shop and two are demised to the offices.


The property is subject to a 10 year FRI lease commencing November 2020 at a rent of £30,000 per annum. A six month security deposit is held.


Buyers should note that there is a revised scheme for the first floor that has been submitted to the planners (see our website).

Additional Fees and Disclaimer

Administration charge: £1,500 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve ( a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.

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For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at

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