UNIT 1 THE HORIZON BUILDING 51-59 ILFORD HILL ILFORD IG1 2ZN

£560,000
£52,500 pa
3,778 Sq Ft

UNIT 1 THE HORIZON BUILDING 51-59 ILFORD HILL ILFORD IG1 2ZN

£560,000
£52,500 pa
3,778 Sq Ft
  • Ref: UNIT 1 THE HORIZON BUILDING 51-59 ILFORD HILL ILFORD IG1 2ZN
  • Type: Office, Retail
  • Availability: Under Offer
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    Property Summary

    ILFORD TO LET/MAY SELL
    BRAND NEW RETAIL/OFFICE/SHOWROOM
    NEXT TO ILFORD STATION ENTRANCE
    3,778 sq.ft (350.99sqm)

    Full Details

    LOCATION
    The Horizon Building, now one of Ilford's landmark new mixed use development, is located within the vibrant and multicultural town centre of Ilford,
    home to the famous Exchange shopping mall and accompanied High Street consisting of leading retail brands, supermarkets, restaurants and cafes.

    Ilford Town Centre is one of London's most exciting regeneration opportunities offering thousands of new homes, jobs, restaurants and services.

    The Horizon Building is conveniently located adjacent to one of East London's busiest stations, Ilford Station, recently upgraded to the Crossrail Scheme, benefitting from increased service frequencies into key Central London destinations. Part of the building will be used by Crossrail to build a brand new ticket hall for the station.

    Road links in the area are favourable with A123 directly connecting to the A12 and the A406
    London North Circular Road.

    The Horizon originally offered 3 brand new retail units, of which 2 have been let. Unit 3, adjacent to Unit 1, has been let to One Stop Convenience Store, and Unit 2, the larger of the 3, has been let to an eyecare clinic, Community Health and Eyecare Limited CHEC).

    ACCOMMODATION
    The Horizon Building comprises of 3 new self contained commercial premises at ground floor
    level of which we have 1 unit remaining to let, offered in shell and core condition with a fully
    glazed frontage. The unit forms part of a new 12 storey mixed use scheme with 122 residential units to the upper floors.

    Approximate areas are as follows in accordance with the RICS Code of measuring Practice (6th Edition):

    Total 3,778sq.ft (350.99sqm

    KEY FEATURES
    • Prominent Location
    • Situated Within a New Mixed Use Building
    • Frontage onto Ilford Hill
    • High Footfall
    • 3 Phase Power (Untested)
    • Rear Access
    • Loading/Unloading
    • 8.96% net initial yield at the asking price against the quoting rent.