£185,000

Studio for sale

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Just added
Auction
Leasehold

Guide price

£185,000

Studio for sale

549 Roman Road, Bow, London E3

EPC rating: C

Key Information

Tenure:
Leasehold (965 years)
Service charge:
Council tax band:
Ground rent:
Ground rent date of next review:

Local area information

Property location

Nearby amenities

  • Old Ford Primary School 0 miles
  • Olga Primary School 0.3 miles
  • Bow Road 0.5 miles
  • Mile End 0.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Bromley-by-Bow to find out more about the local area.

Features and description

  • Leasehold
  • Long Leasehold - A term of 999 years from 25.12.1989 (965 years unexpired).
For sale by auction 25/07/2024 £185,000 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

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Strettons Auctions

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