Land for sale in Commercial Road, London E14

£850,000 (£30,200,652.53/ac)
Interested in this property? Call +44 20 7768 0217 * or Request Details

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Land for sale

0 ac*

Property description

Key Points

  • 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

    Availability_Text

    The accommodation comprises the following areas:

    Property info

    Floorplan(s): 811_Commercial_Road_London_E14_7Hg.Jpg 373984_Watermarked_1655873766.Jpg

    811_Commercial_Road_London_E14_7Hg.Jpg View original

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

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

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    Disclaimer

    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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