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Sun 441 Bethnal Green Rd

2,071 SF Retail Building London E2 0AN £1,777,000 (£858/SF) 6.50% Net Initial Yield

Investment Highlights

  • Located in Bethnal Green, one of London’s most sought-after and culturally rich Neighbourhoods
  • Pub has been in occupation for over 10 years
  • 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

Executive Summary

The subject property comprises a mixed-use corner block of brick construction built up over basement ground and two upper floors. The basement and ground floor accommodation forms a self-contained commercial premises currently operated as a pub. Principal access to this element is provided by an entrance fronting onto Bethnal Green Road.

Attachments

Brochure

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Building Size
2,071 SF
Building Class
B
Year Built
1940
Price
£1,777,000
Price Per SF
£858
Net Initial Yield
6.50%
NOI
£115,505
Tenancy
Single
Number of Floors
2
Building FAR
1.68
Land Acres
0.03 AC
Frontage
88 ft on Bethnal Green Road

Nearby Major Retailers

PureGym
Iceland
Sainsbury's
National Westminster Bank Plc
Starbucks
Co-Operative Food
chaiiwala
Nando's
Bestway Wholesale
Bestway
  • Listing ID: 33390633

  • Date on Market: 03/10/2024

  • Last Updated:

  • Address: 441 Bethnal Green Rd, London E2 0AN

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