157 Bethnal Green Rd 674 SF Retail Building London E2 7DG $1,750,370 CAD ($2,596.99 CAD/SF) 6.79% Cap Rate

Opportunity to acquire an attractive freehold mixed use investment situated on Bethnal Green Road.
The property comprises a ground floor and basement retail unit together with two self-contained one-bedroom residential flats arranged over the upper floors, producing a total passing income of £62,820 per annum. With 47% derived from the commercial accommodation and 53% from the residential element.
Income Summary:
Commercial Income: £29,500.00 per annum
Residential Income: £33,320.04 per annum
Total Passing Income: £62,820.04 per annum
The basement and ground floor commercial unit is let to a café operator on a lease expiring August 2035 with the next rent review in August 2030, the occupants of the residential flats are in occupation on rolling monthly periodic tenancies.