Commercial Road, London, E14

A mixed use freehold investment opportunity in a popular location in close proximity to Canary Wharf and the City of London. Comprising four self contained flats, a ground floor commercial unit and planning permission to build a new two bedroom apartment. All units are currently let to professional tenants and presented to a good standard throughout. The location is very popular with renters and there has been next to no void period over the last 4 years they have been under our management. For transport, the property is located just 75 metres from Limehouse DLR & National Rail stations.

Ground floor commercial premises currently in use as a takeaway pizza restaurant for £30,000 per annum, with a ten year lease running from 2023 and a review date in April 2028.

A first floor self contained one bedroom flat of 403 sq ft, let on an assured periodic tenancy at a rent of £18,00 per annum with a rent review date of November 2027.

A first floor self contained two bedroom flat of 571 sq ft. let on an assured periodic tenancy at a rent of £22,200 with a rent review date of September 2027.

A second floor self contained one bedroom flat of 403 sq ft, let on an assured periodic tenancy at a rent of £17,400 per annum with a rent review date of September 2027.

A second floor self contained two bedroom flat of 571 sq ft. let on an assured periodic tenancy at a rent of £24,000 with a rent review date of July 2027.

Planning consent for a two bedroom flat of 947 sq ft roof extension.

Flat 1

Flat 1
Reception Room - 13'8 x 10'7
Kitchen - 9'8 x 7
Bedroom One - 11'2 x 9'9
Bedroom Two - 10'1 x 9'8

Flat 2

Reception Room - 11'7 x 10'8
Kitchen - 9'3 x 6'0 (max)
Bedroom One - 9'8 x 9'6

Flat 3

Reception Room - 13'8 x 10'7
Kitchen - 9'8 x 7
Bedroom One - 11'2 x 9'9
Bedroom Two - 10'1 x 9'8

Flat 4

Reception Room - 11'7 x 10'8
Kitchen - 9'3 x 6'0 (max)
Bedroom One - 9'8 x 9'6