Retail premises for sale in 461 & 461A Roman Road, Bow, London E3

Offers over £550,000 (£486.73/sq. ft)
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Retail premises for sale

1,130 sq. ft*

Property description

Key Points

  • Passing rents of £34,080 per annum
  • Current occupational leases expiring Dec 2024
  • Potential to extend, subject to obtaining the necessary planning consents
  • Popular localised commercial district, serving affluent surrounds
  • Proximity to Victoria Park and Olympic Park
  • Within 13 minute walk of Mile End (District & Central Line services)
  • Description

    The property is arranged over basement, ground and first floors. The basement and ground levels are leased to a florist on a 2 year agreement, inside the Act. The upper floor is arranged as a one bedroom apartment, let on an AST to Dec 2024. The flat is in a reasonable state of repair and well care for. Access to the residential is from the rear of the property, by way of a right of way from Ford Close. There is an outside area, currently used by the shop tenant, which could be filled in, subject to planning. There may also be scope to add a mansard, subject to obtaining the necessary consents.

    Location

    Situated on Roman Road, close to the market trading position of the street, with a good mixture of independent retail, eateries and bars in the vicinity. The surrounding area is largely residential off Roman Road, with Victoria Park o.4 miles to the north. Connective transport links are good, with numerous bus routes into the City, plus Mile End (Central, Hammersmith & City and District Lines) and Bow Road Stations both within 15 minutes walk.

    Property info

    * Sizes listed are approximate. Please contact the agent to confirm actual size.

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    Strettons, E11 on +44 20 8022 4469 * (local rate)

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    Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Strettons, and do not constitute property particulars. Please contact Strettons for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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