811 Commercial Rd - Storefront FOR SALE


London, LND E14 7HG
$850,000 USD
811 Commercial Rd, London, LND for Sale
$850,000 USD
Storefront - FOR SALE
1/6
null | 6.42% Cap Rate

811 Commercial Rd
London, LND E14 7HG


HIGHLIGHTS

  • Additional income from two residential flats
  • Multi use
  • Front of property has a listed fascia

OVERVIEW

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. Located at the eastern section of Commercial Road (A13) – close to the junction with East and West India Dock Road. 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.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$817 USD /SF

CAP RATE

6.42%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Brett SullingsStirling Ackroyd Group LtdMore Info

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Brett SullingsStirling Ackroyd Group LtdMore Info

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