48/49 Aldgate High Street
Aldgate
£1,800,000

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.
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