Summary

Property Type Retail
Tenure For Sale
Size 2,058 sq ft
Price Offers in the region of £900,000
Rates Payable Upon Enquiry
Service Charge n/a
EPC Rating This property has been graded as D
  • Fully let investment
  • Security Shutter
  • New Glass Shopfront
  • High Street Location
  • Income Producing
  • Currently producing £68,800 per annum reflecting a 7.6% GIY

About

The available accommodation comprises a mixed-use building, featuring a self-contained retail space on the ground and lower ground floors, with two residential flats on the upper levels. The retail premises benefit from ample natural light, excellent transport links, high ceilings, and WC facilities. This property presents an ideal opportunity for investors or developers looking to purchase and enhance its potential.

493 Cambridge Heath Road, London, Retail For Sale - Cambridge Heath Rd 493 NEW - Low Res 4.jpg

Accommodation

Namesq ftsq mAvailability
Ground 433 40.23 Available
Basement 645 59.92 Available
1st 490 45.52 Occupied
2nd 490 45.52 Occupied
Total2,058191.19

Location

The property is located on the West side of Cambridge Heath Road near its junction with Hackney Road. An established mixed-use city fringe location, the area has good road access to the city. It is well served by public transport with Bethnal Green Underground Station and Cambridge Heath Road Rail stations within easy reach. Numerous London transport bus services also serve the area.

Get directions from Google Maps

493 Cambridge Heath Road - Cambridge Heath Rd 493 NEW - Low Res 5.jpg

Further Information

  • Viewings

    Strictly by appointment only.

  • Terms

    Freehold

  • Tenure

    Tenancy information:

    Ground and Basement Retail: 10-year FRI Lease from 21st Nov 2025 - Income £28,000 per annum
    1st floor Flat (1 bedroom): 12 month tenancy from 23rd Sept 2024 (currently rolling) - Income £20,400 per annum
    2nd floor Flat (1 Bedroom): 12 months tenancy from 23rd Sept 2024 (currently rolling) - Income £20,400 per annum

    Total income £68,800 per annum reflecting a GIY of 7.67%