Terraced house for sale in 549 Roman Road, Bow, London E3

For sale by auction 06/06/2024 £200,000 plus

Leasehold commercial investment - currently producing £14,500 per annum.

Location & Description
A retail unit arranged over the ground and basement floors, currently trading as a hairdressers and is let on a lease that expires on 19 June 2026 with a current passing rent of £14,500 p.a.

Situated on the iconic Roman Road Market, Bow, the property lies within a mile of both Bow Road underground Station (District and Hammersmith line) and Mile End underground Station (Central line). And just half a mile to the popular Victoria Park giving to access to acres of green open space.

Accommodation
The Accommodation comprises the following:

Ground Floor: 409 sq ft
Basement: 388 sq ft
Total = 797 sq ft Available

Tenure
Long Leasehold - A term of 999 years from 25.12.1989 (965 years unexpired).

Tenancy Details
The shop is currently trading as a hairdressers and is let on a lease that expires on 19th June 2026 and the passing rent is currently £14,500 p.a

Note
Auction Surveyor: Michael Mercer
Contact:

EPC Rating
C