Retail Investment - Tower Hamlets
£325,000

150 Roman Road

London, E2 0RY

The Space

GROUND FLOOR RETAIL INVESTMENT OPPORTUNITY IN A POPULAR RETAIL PARADE

Key Points

  • East London Retail Investment Opportunity
  • Retail income generated from popular take-away
  • Located within an established local retail parade
  • Gross yield of 6.15% before costs

At a glance

Property Type Retail
Availability For Sale
Size 600 sq ft
Freehold Price £325,000
Business Rates Upon Enquiry
Energy Performance Rating Upon enquiry

The Location

Located on Roman Road, close to the junction with St Stephen s Road

Cambridge Heath
10 mins


Bethnal Green Rail
14 mins


Whitechapel
18 mins


London Fields
19 mins


Bethnal Green
9 mins


Stepney Green
10 mins


Cambridge Heath
10 mins


Mile End
12 mins


Available area

The accommodation comprises of the following

NameBuilding typeSizePriceAvailability
Ground Office 600 sq ft £325,000 Available

Description

Ground floor unit 600 sq ft situated in a poplar local retail parade

An opportunity for a commercial investor to acquire an East London long leasehold retail investment :

The current passing rent is £20,000 per annum exclusive with a lease Rental Deposit - 5k deposit held

Rent paid monthly in advance – no rental arrears

Rent review every 5 years - Next rent review in 2024

Occupied by an independent retailer – trading as Home | Greedy Fish and Chips

Viewings

Strictly via Stirling Ackroyd

Terms

Lease start date 24 June 2013 expiring in 2034 – outside of the Landlord & Tenant Act

93 years remaining on the Long Leasehold - Freeholder – London Borough Of Tower Hamlets

£325,000