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Offers over

£1,150,000

(£10,000.00/sq. ft)

Retail premises for sale
Commercial Street, London E1

    • 1,000 sq. ft

Added on 13/05/2024

About this property

  • Buy-to-Let Opportunity

  • City Centre Location

  • Convenient Storage Available

  • Large Primary Business Area

  • Likely to attract enquiries from Serious Investors & Developers.

  • Investment potential detailed below (Let Property Pack)

This is a commercial property space located in London with a tenant currently situated that is currently generating a steady, rewarding rental income for the current landlord.

This well-kept home features 5 small ground floor shops and 3 underground shops, 4 bathrooms, and a storage space.

Investment Details

It currently produces an annual gross income of £80,000 which could be increased by the new owner to a market rate of £102,000 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below. If you are interested, please call us.

Tenancy Details

Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.

Mortgage calculator

Monthly repayment

£5,752 per month

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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

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