Retail property (high street) for sale
Property description & features
- Investment Opportunity
- A mid-terraced shop in use as a restaurant with residential upper parts configured as a 2 bedroom apartment
- Retail unit let to an independent operator
- The apartment was refurbished throughout 2 years ago
- The apartment is currently rented and is achieving £25,200 pa
- The retail premises is currently rented for £25,000 pa
- The retail lease expires in June 2025
- Within close proximity to Aldgate & Aldgate East Underground stations (one stop to the Elizabeth line at Liverpool Street & Whitechapel) and Fenchurch Street mainline (all within a 10-minute walk)
- The City of London, St Katherine's Dock and the River Thames are all within easy walking distance
- Viewings Highly Recommended
The ground floor and basement retail unit is currently operated as a restaurant and takeaway trading as 'Bon Appetit Lebanese' offering 932 sq ft of trading space and storage facilities. The lease has another 2 years remaining and is current achieving £25,000 p/a.
The first and second floor offer a split level two double bedroom apartment which was fully refurbished throughout two years ago and offers 793 sq ft of living space. The apartment also benefits from having direct access from Leman Street, two toilets, a separate living room and fully fitted kitchen. The apartment is currently rented on a fixed term AST and is achieving £25,200 p/a.
Location
The property is located on the east side of Leman Street close the junctions with Hooper Street and Prescott Street. This is a vibrant commercial and residential area with local schemes in the vicinity including Goodman's Fields, The Loom, and St Katherine's Dock.
The building benefits from excellent transport connections:
Aldgate East (District and Hammersmith & City lines) 7 mins / 0.3 miles
Aldgate (Circle & Metropolitan lines) 10 mins / 0.4 miles
Tower Hill / Gateway (Circle, District & DLR) 10 mins / 0.4 miles
Fenchurch Street (Mainline) 12 mins / 0.5 miles
The location benefits from a range of retail and leisure occupiers in the vicinity, including: Burgers LDN, Pizza Union, The Alchemist, Ping Pong, Long Shot Coffee, Pret a Manger and many more.
For more information or to arrange a viewing please contact a member of the Goldman Greg team.
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