Summary
| Property Type | Investment / Office / Retail |
| Tenure | For Sale |
| Size | 823 sq ft |
| Price | £525,000 Offers in the region of £525,000 |
| Rates Payable | £7.73 per sq ft |
| Service Charge | n/a |
| EPC Rating | This property has been graded as G |
- 9 Year Lease Remaining
- Double Shopfront
- Prominent High Street Position
- Heavy Footfall
- Great Natural Light
- Strong Rental Deposit
About
The available asset is a self-contained, E class commercial premises spanning the ground floor and basement level of a former buildersmerchant shop in the vibrant London Fields area. The property benefits from great natural light, strong transport connectivity, and high footfall, making it an attractive investment location. This asset will be available for purchase on a long term, 999 year Leasehold.
The Tenant Lease for the property commenced 18/07/2024 to a modern architecture firm, A is for Architecture. The lease term is 10 years, with a tenant break clause after 5 years and is outside the Landlord and Tenant Act 1954. The property returns a passing rent of £35,000 per annum plus VAT. The rent is subject to a market review at the 5th anniversary.
Accommodation
| Name | sq ft | sq m | Availability |
| Basement | 218 | 20.25 | Available |
| Ground | 605 | 56.21 | Available |
| Total | 823 | 76.46 |
Location
This former buildersmerchants shop is located on the north side of Hackney Road, near the junction with Cambridge Heath Road. The street has become increasingly popular among young and trendy locals, thanks to the recent addition of new art galleries and fashion retailers. Moreover, the area offers convenient access to London Transport bus and train services, with the nearest Overground station being Cambridge Heath.
Mainline Stations
-
Cambridge Heath1 min
-
Bethnal Green Rail12 mins
-
London Fields12 mins
-
Hoxton14 mins
Underground Station
-
Cambridge Heath1 min
-
Bethnal Green8 mins
-
London Fields11 mins
-
Bethnal Green Rail11 mins
Downloads
Download Marketing Brochure
Gallery
