£375,000
(£215.02/sq. ft)
Retail premises for saleUmberston Street, London E1
1,744 sq. ft
About this property
Investment Consideration:
Vacant possession
erv: £39,000 p.a. Giy: 10.40%
VAT is not applicable to this property
Comprises retail premises arranged over ground floor and basement
Forming part of a newbuild (2020) residential block
Situated just off Commercial Road with occupiers nearby including takeaway`s, barbers, butchers, convenience store and many more
Property Description:
Comprises ground floor retail premises with ancillary accommodation at basement, providing the following accommodation and dimensions:
Ground Floor: 54 sq m (581 sq ft)
Open plan retail
Basement: 108 sq m (1,163 sq ft)
Ancillary, Storage
Total area size: 162 sq m (1,744 sq ft)
Tenancy:
The property is at present vacant. Erv: £39,000 p.a.
Tenure:
Long Leasehold. Held on a 999 year lease from 4th March 2021 at a ground rent of peppercorn.
Location:
The property is located in the heart of Whitechapel on Umberston Street, London, E1. It is surrounded by Commercial Road (A13) to the north and The Highway (A1203) to the south. The area benefits from excellent transport links, with Shadwell London Overground Station just 750m away, and Aldgate East and Whitechapel underground stations within easy walking distance. There are multiple bus routes, including night buses, along Commercial Road. The immediate vicinity consists of a mix of high-density housing, offices, and independent retailers.
Vacant possession
erv: £39,000 p.a. Giy: 10.40%
VAT is not applicable to this property
Comprises retail premises arranged over ground floor and basement
Forming part of a newbuild (2020) residential block
Situated just off Commercial Road with occupiers nearby including takeaway`s, barbers, butchers, convenience store and many more
Property Description:
Comprises ground floor retail premises with ancillary accommodation at basement, providing the following accommodation and dimensions:
Ground Floor: 54 sq m (581 sq ft)
Open plan retail
Basement: 108 sq m (1,163 sq ft)
Ancillary, Storage
Total area size: 162 sq m (1,744 sq ft)
Tenancy:
The property is at present vacant. Erv: £39,000 p.a.
Tenure:
Long Leasehold. Held on a 999 year lease from 4th March 2021 at a ground rent of peppercorn.
Location:
The property is located in the heart of Whitechapel on Umberston Street, London, E1. It is surrounded by Commercial Road (A13) to the north and The Highway (A1203) to the south. The area benefits from excellent transport links, with Shadwell London Overground Station just 750m away, and Aldgate East and Whitechapel underground stations within easy walking distance. There are multiple bus routes, including night buses, along Commercial Road. The immediate vicinity consists of a mix of high-density housing, offices, and independent retailers.
Mortgage calculator
Monthly repayment
£1,875 per month
Whole of market comparison
70+ lenders and 10,000+ products
How much could I borrow
In partnership with
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.
.png){kind=logo}