Commercial Property for sale

471-473 Bethnal Green Road, London, E2 9QH


OIEO
£800,000
2,759 ft²

Features

  • A three-storey freehold building comprising 2 x retail units at basement and ground, with residential ground rent investment to the upper floors
  • One retail unit to be delivered with vacant possession. The other is let on a 10-year lease expiring October 2030 at a rent of 22,000 per annum.
  • A 3d tour of the retail accommodation is available upon request.
  • Located on Bethnal Green Road close to its junction with Cambridge Heath Road, in close proximity to Bethnal Green and Cambridge Heath, and a short wa
  • Offers invited in excess of 800,000, representing a low capital value of 290 per sq. ft based on the Net Internal Area
  • Opportunity to acquire a freehold building in Bethnal Green.
  • The current permitted use of the upper floors is understood to fall within Class C3, whilst the ground and basement floors are understood to fall with

Description

471-473 Bethnal Green Road is a Victorian built property that consists of two adjacent retail units with residential uppers that have been sold off on long leaseholds. The commercial element comprises two retail units over ground and basement levels, with a small rear yard area. The upper floors comprise 3 x self-contained 2-bedroom flats and 1 x self-contained 1-bedroom flat.



The property is situated in Tower Hamlets within east London, on the north side of Bethnal Green Road (A1209) close to the junction of Cambridge Heath Road (A107). Weavers Fields is situated to the south-west, while Shoreditch and Brick Lane are c.1 mile to the west.



Bethnal Green supports a wide variety of local shops, leisure occupiers and street market. The Bethnal Green Museum of Childhood & Benguo Caf, the recently opened 160 bed East London Hotel, Old Town Hall Hotel & Corner Room restaurant, Bistrotheque and Mother Kelly's are all within a few minutes' walk. The public open spaces of Museum Gardens, Bethnal Green Gardens and Weavers Fields are all close by.

Categories

Commercial Properties
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Property reference
CP_58E60AF6AD_26121