Summary

Property Type Investment
Tenure For Sale
Size 2,051 sq ft
Price £925,000
Rates Payable Upon Enquiry
EPC Rating This property has been graded as B (46)
  • Attractive Mixed Use Freehold Building
  • Ground Floor & Basement Retail Commercial Unit
  • Two Self-Contained One-Bedroom Upper Floor Flats
  • Total passing income of £62,820.04 per annum
  • Sale Price £925,000 - Representing a Gross Yield of 6.8% Before Costs
  • Prominent Position On Bethnal Green Road - Close to Brick Lane & Shoreditch High Street Station

About

Opportunity to acquire an attractive freehold mixed use investment situated on Bethnal Green Road.

The property comprises a ground floor and basement retail unit together with two self-contained one-bedroom residential flats arranged over the upper floors, producing a total passing income of £62,820 per annum. With 47% derived from the commercial accommodation and 53% from the residential element.

Income Summary:
Commercial Income: £29,500.00 per annum
Residential Income: £33,320.04 per annum
Total Passing Income: £62,820.04 per annum

The basement and ground floor commercial unit is let to a café operator on a lease expiring August 2035 with the next rent review in August 2030, the occupants of the residential flats are in occupation on rolling monthly periodic tenancies.

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Accommodation

Namesq ftsq mAvailability
Lower Ground 473 43.94 Available
Ground 722 67.08 Available
1st - Flat 1 377 35.02 Available
1st - Flat 2 479 44.50 Available
Total2,051190.54

Location

Bethnal Green Road is one of East London's most established mixed-use destinations, linking Hoxton, Shoreditch, Brick Lane and the City of London. The immediate area is characterised by a diverse mix of independent retailers, cafés, restaurants, galleries and residential developments.

The property benefits from excellent transport connectivity, with Shoreditch High Street London Overground Station both within 5 minutes walk.

Get directions from Google Maps

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