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Agent's details
Property agent
Iftakhar Khan
Iftakhar Khan
Key Points
Summary
E14 Freehold Investment Opportunity
Description
The building is configured as a ground floor and basement retail unit plus two self contained flats.
The flats comprise a studio/1-bed flat at the rear of the ground floor and one 1-bedroom flat on the upper first floor.
The ground floor, which is currently trading as a take-away has a Listed facia which is actually at the base of the ground floor frontage.
There is the potential for vacant possession of the ground floor take-away unit by further negotiation.
The current income for the three units totals £54,600 per annum, consisting of £33,600 per annum for the residential flats and £21,000 per annum for the retail unit.
6.4% Current Gross Yield, before costs.
We understand both flats have Certificate of Lawful Use and established council tax history.
Site plan, internal plans and further details available upon request
Location
Located at the eastern section of Commercial Road (A13) – close to the junction with East and West India Dock Road.
Viewings
By appointment with Stirling Ackroyd
Availability_text
The accommodation comprises the following areas:
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Canary Wharf (0.7 miles) Mile End (0.9 miles) Bow Road (1.0 miles) |
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Westferry (0.2 miles) West India Quay (0.4 miles) Poplar (0.6 miles) |
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