£1,275,000

Retail premises for sale

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Just added
Auction
Freehold

Guide price

£1,275,000

Retail premises for sale

503 Roman Road, London, Tower Hamlets E3

Local area information

Property location

Nearby amenities

  • Old Ford Primary School 0.1 miles
  • Olga Primary School 0.2 miles
  • Mile End 0.5 miles
  • Bow Road 0.5 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guides for Bow, Old Ford and Victoria Park to find out more about the local area.

Features and description

  • Freehold
For sale by auction 10/07/2025 £1,275,000 plus

freehold residential and commercial investment producing £110,280 per annum

Location & Description
The property is located in the heart of Bow, at the junction of Roman Road (B119) and Ford Road. It is 50m from the junction with St. Stephens Road, in a mixed residential and commercial area. The property can be reached via the A12 and A11. Victoria Park is 300m to the north and Stratford, is 1 mile to the north east. Bow Road Tube and Mile End Tube Stations (District, Hammersmith & Central Lines), are 800m to the south. The property comprises a four storey property, on a rectangular site, at the end of a retail/residential parade, and comprises two retail units on the ground floor, with bin storage and four flats (x2 two bedrooms and x2 one bedrooms) over upper floors.

Accommodation
The property comprises:
Ground Floor Commercial Unit 1: Taxi Office, waiting area, kitchenette, two toilets 564 Sq ft (52.4 SqM)
Ground Floor Commercial Unit 3: Treatment room, kitchentette, toilet 272 Sq ft (25.3 SqM)
First & Second Floor - Flat A: One bedroom, living room / kitchen, shower/toilet - 420 Sq Ft (44 SqM)
First Floor - Flat B : Two bedrooms, living room/kitchen, bathroom/toilet, storage 517 Sq Ft (48 SqM)
Second Floor - Flat C: Two bedrooms, living room/kitchen, bathroom/toilet, storage 517 Sq Ft (48 SqM)
Third Floor - Flat D: One bedroom (penthouse), living room/kitchen, shower/toilet 474 Sq Ft (44 SqM)

Tenancy Details
Commercial Unit 1 & 3 - New 10 year lease to Ace Cars Bow Ltd from xx/xx/xx producing £xx, xxx pa
Flat A - Let on 12 month AST from 22/11/24 producing £17,700 pa
Flat B - Let on 12 month AST from xx/xx/xx producing £20,280 pa
Flat C - Let on 10 month AST from 21/11/24 producing £21,900 pa
Flat D - let on 12 month AST from 12/7/24 producing £20,400 pa

Note
1. The commercial lease is over both retail units. Unit 3 has been sublet.
2. Ace Cars Bow Ltd have been in occupation since xx/xx/xxx

Auction Surveyor : Rob Hills Contact :

Commercial/residential investment producing £110,280 per annum

EPC Rating
Flats A, B, C & D - All are C

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  1. Zoopla
  2. Commercial for sale
  3. London
  4. East London
  5. Old Ford
  6. Roman Road