High Street Retail Property for sale

Commercial Road, London E1


Offers over
£875,000
S.O.A.

Features

  • 1,498 sq. Ft. (139.1 sq. M.)
  • Recently refurbished
  • Retail on ground floor
  • Two bedroom maisonette

Description

Freehold mixed use building near whitechapel for sale

Retail ground floor income producing
2 Bedroom Maisonette occupying upper parts
Busy retail parade
Walking distance from Whitechapel Crossrail
Location

The building occupy a highly visible location in a busy parade of shops in Commercial Road. Nearby transport facilities include Whitechapel underground station (District and Hammersmith and City), which will benefit from the opening of a Crossrail station in 2022. Shadwell and Limehouse DLR stations are both within walking distance and there are a number of bus lines connecting the location with Central London and Docklands.
Nearby retailers include Sainsbury's local three doors down on the same parade, and the bustling Watney Street Market which is only 300 yards away.
Accommodation


This building is well maintained mixed use period building, with newly refurbished residential upper parts. The shop on ground floor has been leased in December 2018 on a 15 year lease outside the lta with a passing rent of £23,750 per annum exclusive.
Floor areas

Ground floor 701 sq. Ft. (67 sq. M.)
First Floor 474 sq. Ft. (44.1 sq. M.)
Second Floor 323 sq. Ft. (30 sq. M.)
Total 1,498 sq. Ft. (139.1 sq. M.)

(all measurements are approx.)
Tenure

Freehold
Sale price

Offers in Excess of £900,000.
VAT

The building is not elected for VAT
Legal costs

Each party to bear their own legal costs.
EPC rating

Further details available upon request.

Categories

High Street Retail Property
Call
Property reference
CP_9971D9E41C_35