top of page

48/49 Aldgate High Street

Aldgate

£1,800,000

jake@calibreacquire.co.uk

DESCRIPTION

48/49 Aldgate High Street, EC3N 1AL

Freehold mixed-use investment comprising a ground-floor retail unit and two upper-floor duplex apartments.


The Property

Ground floor: retail unit, 1,291 sq ft, producing £90,000 per annum.

Upper floors: two one-bedroom duplex apartments. Flat 1 extends to 809 sq ft producing £22,360 per annum. Flat 2 extends to 745 sq ft producing £21,600 per annum.

Total current income: £133,960 per annum.


The residential element is underlet. Current passing rents are below market; reversionary potential exists on both flats.


The Opportunity

Available freehold at £1,800,000, reflecting a net initial yield of approximately 7.4% against current income.


The vendor requires a prompt exchange. Serious buyers with funds in place are invited to make contact.

IMAGES

FLOORPLAN

bottom of page