Property Type
Tenure
Freehold
Property description
Prime retail and residential investment in East Ham, a densely populated and vibrant part of East London.
The property occupies a prime position on High Street North and is let on the ground and basement floors to J. F. Bryan Limited, part of the Hakim Group, with an unexpired term to June 2033 at a rent of £52,000 per annum. It also benefits from a large vacant three-bedroom self-contained flat, offering attractive development potential.
Price
We are instructed to seek offers in excess of £1,100,000 (One Million One Hundred Thousand Pounds) to reflect a Net Initial Yield of just over 6% on the retail income and a modest £295 psf on the residential accommodation.
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