Location & Description |
| A four storey terraced property arranged as a ground floor shop and basement together with a three storey upper part within an established shopping parade on the north side of Bethnal Green Road (A1209) close to its junction with Brick Lane (B134) about ¼ mile east of Shoreditch High Street. |
| The area is very well served by public transport including Bethnal Green and |
| This vibrant area has benefited from considerable regeneration during the past few years and offers a variety of fashionable restaurants, bars and leisure amenities. |
| Accommodation |
| Ground Floor Shop and Basement: |
| Total area 1,232 sq ft (114.54 sq m) (Sourcer: VOA web site) |
| Having A4 use and let to M Islam T/A Bar Tequila for 21 years from 01.12.2001 at a rental of £24,000 p.a. with rent reviews every three years. |
| Note: A 999 year lease at a peppercorn rent on the shop/basement only was also created effective from 01.01.2005 |
| Upper Floors: (Not inspected, details supplied by seller) |
| With separate street access and arranged over 1st, 2nd and 3rd floors comprising five bed sitting rooms (each with wash hand basin and radiators) two kitchens, bathroom/WC and a shower room/WC. |
| Each room let on an AST at £100 per week. |
| Self contained top floor flat let on an AST at £170 per week. |
| Gas central heating system and intercom entry system. (Services not tested). |
| Subject to an HMO Licence (expired) and producing a rent of £34,840 p.a. |
| EQUIVALENT TO £58,840 p.a. |
| Contact: 020 8520 8383 |
| GUIDE PRICE: £550,000 - £600,000 |
| Announcements |
| The Shop and basement is let to Messrs Shah Miah & Salam Miah T/A Bar Tequila not M Islam as described in the catalogue. There is an extra special condition 4 regarding how the intermediate headlease can be dealt with by the buyer. |
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