493 Cambridge Heath Road, Cambridge Heath, London, E2 9BU

Description
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.

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.

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%