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Commercial Investment for Auction London E2 £275,000+
Guide Price:
£275,000
Auction Date:
25/05/2023
Property Types
Commercial Investment – Gross Yield 9.6%. 6 Week Completion. Forming part of an attractive corner building comprising a Ground Floor Coffee Shop with front and rear sections as well as internal access to a Basement. The property is let on an effectively full repairing and insuring lease by way of service charge (capped at £850 p.a. rising by 3% p.a. until February 2025 excl. building insurance) for a term of 20 years from 28th February 2017 at a current rent of £26,269.15 per annum exclusive
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