Property for sale
Property description & features
- Tenure: Freehold
- Freehold Premises with Two Bedroom Flat Above
- Use Class E
- Excellent Location
- Attractive Investment
- Close to Canning Town Station and major bus routes
- Spacious Premises
- Flat is currently let at £1,450pcm (£17,400 per annum)
- Shop is let at £1,550pcm (£18,600 per annum)
- Commercial unit to rear potential rent £1,000pcm (£12,000 pa)
- PROVIDING TOTAL ANNUAL INCOME OF £48,000 per annum
INVESTMENT: A FREEHOLD GROUND FLOOR LOCK UP SHOP with USE CLASS E AND FIRST FLOOR TWO BEDROOM flat spread over two floors, PRODUCING AN INCOME OF £17,400 PER ANNUM but has potential of achieving £21,600 per annum.
A freehold building arranged as a ground floor lock up shop currently let out on a 25-year lease and this will expire in 2036. Producing an income of £18,600 per annum and next rent review will be in 2025. Situated on top of the retail shop is a two-bedroom flat, which has a tenant in occupation achieving a rental income of £17,400 per annum. The property is set in a great location close to local amenities and shopping parades. Plaistow station and Custom House DLR station are within walking distance.
The flat is currently let at £1,450 pcm ( £17,400 per annum ). The shop is let at £1,550 PCM ( £18,600 per annum ) and commercial unit to rear £1,000 (£12,000 per annum) PROVIDING ANNUAL INCOME OF £48,000.
SHOP:
Total area 93 sq. m
Front area: 9.40m x 3.00m
Back rear room: 4.20m x 3.00m
Side Area: 3.80m x 1.60m
Side rear Room: 4.00m x 1.60m
WC: 3.00m x 1.50m
Rear commercial unit: 10.00mx 4.80m currently unoccupied, can achieve £1,000 pcm (£12,000 per annum)
Shop - Energy Rating: E
FLAT:
Total area: 74 sq. m
Lounge: 4.50m x 2.90m
Kitchen: 3.50m x 2.80m
WC: 1.56m x 1.56m
Bedroom One: 5.00m x 4.30m narrowing into 2.82m
Bedroom Two: 3.62m x 2.50m
Bathroom: 3.00m x 1.65m
Flat - Energy Rating: D
For more information and to arrange viewing please call our Commercial Sales Department or leave us a email.
Front Shop Area: 9.40m x 3.00m
Rear Room: 4.20m x 3.00m
Side Room: 3.80m x 1.60m
WC: 3.00m x 1.50m
Rear Commercial Unit: 10.00m x 4.80m
Side Rear Room: 4.00m x 1.60m
FIRST FLOOR FLAT:
Living Room: 4.50m x 4.30m narrowing into 3.70m
Kitchen: 3.50m x 2.80m
WC: 1.90m x 1.56m
Bedroom One: 5.00m x 4.30m narrowing into 2.82m
Bedroom Two: 3.62m x 2.50m
Bathroom: 3.00m x 1.65m
Places of interest
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Broadband availability and predicted speed
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Energy Performance data and Internal floor area
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