Roman Road, Bow £595,000

• Freehold building
• 1,892 sq ft / 175.9 sq m
• Shop and flat
• Highly sought after parade
• Potential for a mansard roof STPP
• Close to Victoria Park

Rare opportunity to purchase a freehold building with a shop on the ground floor and a self-contained flat on the first floor and part of the ground floor, on the highly sought after Roman Road. The shop is let on a ten-year FRI lease from the 17th of May 2021; The rent is £15,000 per annum. The lease is outside the 1954 landlord and tenant act.

Either the landlord or tenant may terminate this lease by serving a Break Notice on the other party at least six months before the Mutual Break Date. Each party, in this lease, is able to break the lease 6 months prior to the 7th May 2028.

The trading business is a beauty and treatment business.

This freehold mid terrace Victorian shop has a cellar, accessed via the flat, the overall internal area of the building including the cellar is 1,892 square feet which is 175.9 square meters. The flat has its own front door, with a kitchen and bathroom on the ground floor and three habitable rooms on the first floor.

The flat is let on a company let agreement which can be terminated with a notice to quit so the flat could be sold with vacant possession. Company let agreements are not affected by the Renter Rights Bill 2026.

There is potential to extend the property (subject to planning permission) by adding another floor to create a further bedroom or two.
Availability and viewing: This property is sold with the commercial tenant in situ. The flat has a tenant on a company let agreement; both documents are available on request. It is possible for a notice to quit to be served on the flat tenant.

Viewings are by appointment with the sole selling agent Look Property, viewings will be possible on Tuesday’s when the resident business is closed.

Tenure: Freehold
Commercial EPC: Band E
Residential EPC: Band D

The Roman Road and Bow Neighbourhood

This sought after neighbourhood is a thriving, highly desirable and lively place to live or work, with beautiful green spaces and a well-known food and drink culture. The excellent transport links provide easy access to the City, Canary Wharf and beyond, making it an ideal location for professionals and families alike. Roman Road and Bow in general, provide bustle and life with a plethora of independent cafes, bars, and restaurants to choose from and a variety of convenience stores are at hand. From independent boutiques to well-known high street brands, there is something to suit all tastes and budgets. The famous Roman Road Market offers an eclectic mix of vintage clothing, fresh produce, and artisanal goods, and there is a Sunday food market in Victoria Park, with Broadway and the Columbia Road Flower Markets, a 25-minute stroll along the picturesque Regents Canal. Bow Road tube station is just a short walk away from where the District, and Hammersmith and City lines can be accessed with Mile End Station also close by with the central line, District, and Hammersmith and City also accessible providing easy access to all parts of the city.

There are also excellent bus links, including the number 8, 277, 425 and 339 buses, making it easy to get around the local area in all directions and beyond.

Victoria Park, which is a 213-acre park that was opened in 1845 and is one of the oldest public parks in London. It features a large lake, numerous walking and cycling paths, playgrounds, cafes, and sports facilities.