This building is located in a prime location on Mile End Road close to Stepney Green tube station. The property comprises a ground floor and basement commercial unit, which is currently a restaurant, and four flats on the first and second floors.
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Let from July 2008 for a term of 20 years, subject to a rent review 2025. The current rent is £22,000 per annum.
Flat A: Approx. 57 sq m
One bedroom let on an AST at £1,213.33 pcm
Flat B: Approx. 57 sq m
One bedroom let on an AST at £1,200 pcm
Flat C: Approx. 49 sq m
One bedroom let on an AST at £1,300 pcm
Flat D: Approx. 63 sq m
Two bedroom let on an AST at £1,425 pcm
Total annual income is £83,659.96.
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