PROPERTIES

Over 11 Years To An Established Pub With Two Recently Refurbished Flats Let On ASTs

Summary

• Located in Bethnal Green, one of London’s most sought-after and culturally rich Neighbourhoods.
• A mixed-use corner block comprising a pub with over 11 years remaining and two 2-bedroom apartments on the upper parts let on ASTs.
• Both apartments were refurbished to a high standard within the last 18 months.
• Pub has been in occupation for over 10 years.
• Total current income of £123,300 per annum.
• Freehold
• Potential to increase rental levels for both apartments through renewal or reletting.
• Offers in excess of £1,777,000 (ONE MILLION SEVEN HUNDRED AND SEVENTY-SEVEN THOUSAND POUNDS) subject to contract and exclusive of VAT.
• Net Initial Yield of 6.5%.