SoldLondon E2 Freehold Investment Property For Sale with Development Potential

0.5 acre site - current passing rent £62,100 pa

5 Hollybush Place,  Bethnal Green, LONDON E2 9GX

Location

The subject property is located in the heart of Bethnal Green, within the London Borough of Tower Hamlets. It is only 1.5 miles east of the centre of the City of London.

The premises are situated in the centre of Bethnal Green at the junction of Bethnal Green Road and the A107 Cambridge Heath Road. Bethnal Green Underground Station is within 100 yards of the property.

The property is situated at the north end of a cul-de-sac known as Holly Bush Place and benefits from an additional access from Holly Bush Gardens, on the north side of Bethnal Green Road.

Description

The property comprises a builders merchants consisting of a two-storey retail/trade counter and storage building, with other ancillary storage accommodation and yard space.

Full details including, legal pack, feasibility study and site plans will be available on a bespoke website. The address of which will be issued to named parties only.

Terms

Freehold subject to a lease to Travis Perkins (Properties) Ltd for 25 years from 25th March 1999 with a tenant's option to break on 24th March 2014 and rent reviews every five years. Offers are invited on an unconditional basis for the freehold interest in the property. Prospective purchasers must be able to provide financial evidence of their ability to complete a purchase. The Vendor does not undertake to accept the highest or any offer submitted.

Local authority: London Borough of Tower Hamlets


Property reference: 18219 Updated: 03 Apr 2008