Commercial property for sale in London, England

26x Residential Ground Rents  For Sale by Public Online Auction on 26/02/2025 13:00  Location The property is located in Bow, a district in the London Borough of Tower Hamlets, approximately 5 miles (8 kilometres) from Central London. The location benefits from close proximity to the A12, which provides direct access to the North Circular to the north and the Blackwall Tunnel to the south, and the A11, which provides direct access to Central London via Aldgate to the south west. The properties are served by Bow Road Underground Station, located 0.4 miles (0.65 kilometres) to the north, which provides District and Hammersmith & City underground services. London City Airport is also conveniently located approximately 4 miles (6.5 kilometres) to the south east, providing both national and international flights.  The properties are situated within a predominantly residential area, with ancillary commercial primarily to support for the residential community.  Description The property comprises a 6 storey block of 26 purpose-built residential flats, with part concrete and brick elevation.   The opportunity comprises the sale of the ground rents on 41x residential flats which are held under the terms of a lease for a term of 130 years from 24 June 2004 at a rent of £4,975 per annum.   17x flats produce £200.00 per annum and 9x flats at £175.00 per annum.   Tenure Freehold under Title Number EGL468400.  No EPC required  Refer to the legal documentation  For further information please go to

Commercial property for sale in London, England

Commercial property for sale

Description

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