Commercial Investment for Auction London E2 £275,000+

This property is from a past auction and is no longer available. Please visit our Homepage to view our current auction database
Property Types

Auction date: Thu, 25/05/2023 - 11:00

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

Register For further information about this property, please register
Tagged
commercial investment rental income commercial property landlord leasehold shop london E2 london property auctions london property auctioneers sell commercial property london house auctioneers property auctions selling property buy property at auction sell property at auction house auctions near me

Why register with UK Auction List?

Member benefits include:

  • Detailed descriptions for each property that you see in the free search area. The details are displayed as they appear in the auctioneer’s catalogue, and include the address and full details of the property.
  • Streetview and Google Map location for each property.
  • A link to the full auction catalogue (if available) and a link to the auctioneer’s website.
  • Auctioneer contact form and/or telephone number for every property, allowing you to email or call the auction house to find out further details, request a legal pack or to arrange a viewing.
  • Full access to our auctioneers directory providing contact information for auction houses around the UK, plus to our auction calendar displaying forthcoming auction dates, as and when confirmed by each auction house.
  • MyUKAL facilities enabling you to save properties of interest and access to full details of unsold lots.
  • We have approval from all the auction houses that we list in our database and therefore aim to provide accurate and detailed information on every property in our database.