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347-349 Cambridge Heath Rd 2,363 sq ft Office Property London E2 9RA £500,000 (£211.60/sq ft)
INVESTMENT HIGHLIGHTS
- Self contained Office building
- Configured over basement, ground floor, 1st and 2nd floors
- Potential to acquire the Freehold Interest
- Ideal for owner occupiers, investors and developers
- Former Labour Party Office close to Bethnal Green Station
- 60 years remaining on the existing lease
- Sale price £500,000 for the Long Leasehold interest
EXECUTIVE SUMMARY
Description
This is rare opportunity to acquire a long leasehold office building in the heart of Bethnal Green - ideal for owner occupiers, commercial investors and developers.
Floor areas : Basement 496 sq ft, Ground floor 875 sq ft, 1st floor 496 sq ft, 2nd floor 496 sq ft - Total 2363 sq ft
The building will be sold with full vacant possession and the sale is not subject to VAT
Location
The building is located on Cambridge Heath Road at the junction with Old Ford Road.
The diverse and busy prime retail section of Bethnal Green Road is within easy walking distance as is Bethnal Green Road London Underground Tube Station.
This is rare opportunity to acquire a long leasehold office building in the heart of Bethnal Green - ideal for owner occupiers, commercial investors and developers.
Floor areas : Basement 496 sq ft, Ground floor 875 sq ft, 1st floor 496 sq ft, 2nd floor 496 sq ft - Total 2363 sq ft
The building will be sold with full vacant possession and the sale is not subject to VAT
Location
The building is located on Cambridge Heath Road at the junction with Old Ford Road.
The diverse and busy prime retail section of Bethnal Green Road is within easy walking distance as is Bethnal Green Road London Underground Tube Station.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold/Long Leasehold
Property Size
2,363 sq ft
Costar Property Class
B
Year Built
1970
Price
£500,000
Price per sq ft
£211.60
Tenancy
Single
Number of Floors
3
Typical Floor Size
788 sq ft
Plot ratio
2.71
Total Plot Size
0.02 ac
MAJOR TENANTS
- TENANT
- INDUSTRY
- sq ft OCCUPIED
- RENT/sq ft
- LEASE END
- Tower Hamlets Labour Party
- -
- 2,363 sq ft
- -
- -
| TENANT | INDUSTRY | sq ft OCCUPIED | RENT/sq ft | LEASE END | ||
| Tower Hamlets Labour Party | - | 2,363 sq ft | - | - |
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347-349 Cambridge Heath Rd
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