St. James's Avenue, London, E2

Strategically positioned within the heart of the east end of London, Bethnal Green borders Shoreditch to the West, Hackney to the north and Whitechapel to the south.

The subject property is located in a good secondary mixed use parade overlooking the St James Avenue/Bonner Road junction moments from Old Ford Road and within half a mile of both Cambridge Heath (Zone 2) overground station and Bethnal Green (Zone 2) underground station.

The general area has been subject to substantial amounts of inward investment over recent years.

The available accommodation compises of a ground floor commercial unit of 590 sq.ft. (54.81 sq.m.) with window frontage and rear servicing.

Although essentially open plan the premises have been fitted to a good standard to provide for 3x aesthetic treatment rooms, reception and WC.

The premises have been let to a sole trader by way of a 9 year lease from 16 February 2024 at the current passing rental of £10,000 pax rising to £11,000 pax on 16 February 2026 and £12,000 on 16 February 2029.

An assignment of our clients 125 year lease from 21 March 1989 is available subject to the benefit of the occupational lease as mentioned above

Offers in excess of £150,000 are being sought.

All rents, prices and premiums are exclusive of VAT under The Finance Act 1989. Accordingly, interested parties are advised to consult their professional advisers as to their liabilities, if any, in this direction.

Each party to pay their own legal costs incurred in this transaction.

It is recommended that applicants seek independent professional advice before entering into a contract on this property. It is required to gain proof of identity from companies and individuals before accepting an offer for the property.

Reference to all/any services, utilities or F & F in these particulars does not imply they are in full and efficient working order.

Viewing strictly by prior arrangement via Vendors sole agents.