371 Roman Rd - Storefront FOR SALE


London, LND E3 5QR
$475,000 USD
203-514-1565
371 Roman Rd, London, LND for Sale
$475,000 USD
Storefront - FOR SALE
1/3
null | Request Cap Rate

371 Roman Rd
London, LND E3 5QR


HIGHLIGHTS

  • End of terrace commercial unit at ground floor and 1 bedroom flat at 1st floor
  • 1 Bedroom flat let on an AST at £20,400 p.a.
  • Victoria Park an approx. 0.3 miles from the property
  • Investment let at £44,400 p.a. (9.34% GIY on guide)
  • Ground floor coffee shop let on a new 10 yr lease from Jan 2025 at £24,000 p.a.
  • Planning granted for a roof top extension to convert the flat into a 2 bed flat
  • VAT free investment

OVERVIEW

The property is a two storey end of terrace building comprising of a commercial unit on the ground floor and a self contained one bedroom flat at first floor. Planning permission has been granted for a roof top mansard extension which will allow the 1 bedroom flat at first floor to be converted into a 2 bedroom flat. Roman Road is home to a wide range of Boutique and well established independent retailers. Victoria Park is also located an approx. 0.3 miles from the property.

FOR SALE DETAILS

PRICE

$475,000 USD

PRICE/SF

$901 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

-

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

326331,AGL633947

ASK ABOUT THIS PROPERTY

Nicholson BoydSavillsMore Info
203-514-1565

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Nicholson BoydSavillsMore Info
203-514-1565

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.