Description

The property is situated on a busy junction at the intersection of the A112 and the A124, sitting on a prominent corner fronting onto both Barking Road and Prince Regent Lane. The property is in walking distance of Plaistow and Canning Town underground station. The property is also served by several bus routes.

The current accommodation comprises a four-storey mixed use block with a basement. The Ground floor and basement is currently occupied by Done Brothers as a Betfred. The first, second and third floor comprise eight fully let, well fitted flats.

■ A prime East London mixed-use investment.
■ Offers in the region of £3,000,000
■ Ground floor and basement is currently tenanted by a Betfred.
■ Eight tenanted flats situated on the upper levels. All flats are in good
condition and benefit from a modern fit out.
■ Annual income circa £235,000.
■ The ground floor commercial unit is Use Class Sui Generis.
■ The property is a former public house with attractive Victorian
construction across the ground, first and second floors.
■ The roof is currently utilised as an income generating telephone
mast installation.
■ VAT is currently charged on the commercial unit and the
telephone mast.