This freehold Victorian property presents a distinctive investment opportunity combining commercial and residential spaces in the vibrant Roman Road area. The ground floor currently hosts a beauty and treatment business, secured under a ten-year FRI lease, providing stable rental income of £15,000 per year. Noteworthy is the flexibility granted by the lease terms, allowing for potential termination six months before May 2028.
Above the shop, you will find a self-contained flat with its own entrance, comprising a kitchen and bathroom on the ground floor, alongside three habitable rooms on the first floor. This setup permits reconfiguration or vacant possession upon notice to quit due to the existing company let agreement.
The total internal space of approximately 1,892 square feet includes a cellar accessed via the flat; this presents an opportunity for creative renovations or enhancements. Potential for expansion could include adding another storey (subject to planning approval), ideal for increasing living space or value add.
Located in an energetic neighbourhood known for its green spaces and diverse food culture, it enjoys excellent transport connections - proximity to Bow Road tube and bus routes enhances accessibility throughout London. With local amenities and markets close at hand, this property not only serves as a sound investment but also embodies significant development potential.
