Commercial property for sale

Cannon Street Road, Aldgate, E1Price: £1,220,000


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Marketed by:

Alexander Zain
171 Cannon Street Road
London
E1 2LX


Call now on 0843 659 7638

Description

Alexander Zain is delighted to present for sale this rare investment opportunity for a Multiple Use Freehold Development on Cannon Street Road, London.

This Development comprises an A3 use commercial unit on the ground floor and 6 apartments over 3 storeys.

The Commercial Unit is currently on a long lease to a local family butcher. The rental income is £17,000.00 per annum and is a FRI Lease.

The Residential Units are currently split into 3 studio apartments and 3 one bedroom apartments. The collective rental income is currently £61,200 per annum and the all the tenancies are an AST.

Currently, the total rental income is £78,200 per annum

Transportation links include Whitechapel, Aldgate East, Tower Hill Tube and Shadwell DLR stations. Local bus routes include D3, 15, 115, 135, N15 and N550.

Call Alexander Zain now to arrange a viewing on 020 3174 1509.

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