Retail premises for sale in Roman Road, London E2

From £325,000 (£541.67/sq. ft)
Retail premises for sale 600 sq. ft*

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Property description

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
  • 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

    Location

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

    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

    Property info

    * Sizes listed are approximate. Please contact the agent to confirm actual size.

    Arrange Viewing

    For more information about this property, please contact
    Stirling Ackroyd - Commercial, EC2A on +44 20 7768 0217 * (local rate)

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    Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Stirling Ackroyd - Commercial, and do not constitute property particulars. Please contact Stirling Ackroyd - Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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