119 Lower Clapton Road, Clapton, E5 0NP
Substantial Freehold Commercial/Residential Investment
Tuesday, 21st May 2019 11:00am
A substantial five storey building arranged as four self-contained flats (accessed from Clapton Passage) and a commercial unit on the west side of Lower Clapton Road (A107) opposite its junction with Powerscroft Road, within about half a mile of Clapton, Hackney Downs, railway stations.
Shop: Ground Floor: 633 sq ft (58.8 sq m) (supplied by seller). Subject to a repairing and insuring lease to Tasting Shapes Ltd from 14.02.2013 until 13.02.2023 at £17,900 p.a. (Break clause 14.02.2020).
Third Floor Flat: 2 rooms, kitchen/breakfast room, bathroom/WC, double glazing, central heating. Subject to an AST for 1 year from 02.06.2018 at £1,105 pcm.
Second Floor Flat: 2 rooms, kitchen/breakfast room, bathroom/WC, double glazing, central heating. Subject to an AST for one year from 21.01.2019 at £1,061.66 pcm.
First Floor Flat: 3 rooms, kitchen, bathroom/WC, double glazing, central heating.
Subject to an AST for one year from 30.03.2018 (holding over) at £1,408.33 pcm
Basement Flat: Large studio room, kitchen, bathroom/WC, patio garden. Central heating.
Subject to an AST for one year from 22.12.2017 (holding over) at £975 pcm.
EQUIVALENT TO £72,500 p.a.
Shop: D, flat 1- D, flat 2 – C, flat 3 – C, basement flat – C.
- Producing £72,500 p.a.
- 4 Flats & Shop
- Rare Freehold Investment