TypeRetail Investments · Assured Shorthold Tenancies

E2 157 Bethnal Green Road, Bethnal Green, London

TenureFor sale

157 Bethnal Green Road, Bethnal Green, London, E2 1/22

Specification

Building size
Building size 2,051 sqft
Land size
Land size 2,051 sqft
Property type
Property type Retail Investments · Assured Shorthold Tenancies
Tenure
Tenure For sale

Description

Freehold Mixed-Use Investment Situated In East London

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.

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.

Map