Commercial property
Freehold East London Residential / Retail Investment Opportunity - 149-153 High Street North, East Ham, London E6 1HZ

Summary
  • A rare mixed-use freehold property situated on the prime shopping parade serving East Ham, London
  • Situated in the prime high street - an approximate 2 minute walk from East Ham Underground station (District and Hammersmith & City lines) - Zone 3
  • 15 minutes from Liverpool Street train station - 30 minutes from Oxford Circus tube station
  • Modern retail and residential block constructed in 2008
  • Provides 14 flats above 2 retail units - total area of approximately 10,446 sq ft, split between 2,978 sq ft of commercial accommodation on the ground floor and 7,468 sq ft of residential accommodation on 1st to 3rd floors
  • The main double retail unit fronting High Street North is let to State Bank of India (89% of retail income) - there is a smaller retail unit to the side that has been divided in two units
  • Current rent passing for the retail element is £112,150 per annum and for the residential element is £197,820 per annum
  • The total passing rent for the whole property is £309,970 per annum
  • The flats are all let on AST agreements
  • 64% of the total income is derived from the residential element
  • Offers sought in excess of £6,000,000 (Six Million Pounds) subject to contract and exclusive of VAT
Done
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