157 Bethnal Green Road, London, E2 7DG
£451.00 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
2,051 sq ft
191 sq m
- SECTOR
Commercial property for sale
Key features
- 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
Description
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.
Energy Performance Certificates
EPCEPCEPCBrochures
157 Bethnal Green Road, London, E2 7DG
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Shoreditch High Street Station0.2 miles
- Bethnal Green (Mainline) Station0.5 miles
- Hoxton Station0.5 miles
Notes
Disclaimer - Property reference 380489-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Stirling Ackroyd, Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.