No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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£850,000
Added > 14 days

Land for sale

811 Commercial Road, London, E14 7HG
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Land
0 bed
0 bath
1,226 sq ft / 114 sq m

Property description & features

  • Tenure: Freehold
  • Commercial Unit, Ground floor 328 sq ft Basement 207 sq ft – Total 535 sq ft
  • Ground floor flat 299 sq ft, first floor flat 392 sq ft
  • Mixed Use Freehold: Take away retail unit plus two residential units
  • The current income for the three units totals £54,600 representing 6.4%Gross Yield
  • Site plan, internal plans and further details available upon request
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

Property information from this agent

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    Property reference 108631-1. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Stirling Ackroyd - Commercial.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.