FOR SALE OR TO LET CHARACTERFUL SELF-CONTAINED BUILDING 43 OLD BETHNAL GREEN ROAD, E2 6PR 984 SQ FT (91.4 SQ M)
EXISTING BUILDING
PROPOSED DEVELOPMENT
43 OLD BETHNAL GREEN ROAD LONDON E2 6PR
The property is situated on the north side of Old Bethnal Green Road, at the junction of Teesdale Street. Cambridge Heath Road (A107) is situated just to the east, where both Bethnal Green (Central Line) and Cambridge Heath Road (Overground) Stations are situated and within a 10 minute walk of the property. The area is also well served by a number of bus routes. Popular nearby attractions include the Victoria and Albert Childhood Museum, York Hall , the nightlife of Shoreditch and the world famous Columbia Road Flower Market and Brick Lane. Bethnal Green is fast becoming a highly sought after location for businesses and young professionals and is a continuation of gentrification in the eastern fringes of central London.
Tenure Freehold
Lease A new lease will be granted.
Price Investment Sale: £950,000 To Let £38,000 p.a.
EPC Rating G
Description
VAT
Currently arranged over two storeys, the building was formerly a public house, but since then has been used by a variety of different occupiers. The building would lend itself well to a range of commercial units, benefiting from return frontage and it’s own self-contained entrance.
VAT is not applicable on the sale of this property.
Accommodation Existing GIA
Legal Costs Each party to bear their own legal costs in this transaction.
Viewing
Ft2
M2
Ground Floor
507
47.1
By appointment with Joint Agents Strettons & McDowalls
First Floor
477
44.3
Nick Duck
TOTAL
984
91.4
Planning Use The property is understood to have a B1 Use however interested parties are to make their own enquiries with London Borough of Tower Hamlets.
Opportunity It is considered that the building has scope to develop conforming to: Ground Floor Commercial unit with A1/A4/B1/D1 use First Floor: Bedroom, open plan living room/kitchen, bathroom/WC Second Floor: Bedroom, bathroom/WC, small terrace
[email protected] 020 7907 7422
Adam Noble
[email protected] 020 7614 0902
Chris Baker McDowalls
[email protected] 020 8472 4422
EXISTING FLOOR PLAN
PROPOSED PLAN OPTION 1