Summary

Property Type Office
Tenure For Sale
Size 4,963 sq ft
Price Offers in excess of £1,780,000 Offers invited in excess of £1,780,000 reflecting an NIY of 8.50% (assuming purchaser’s cost of 6.80%) and a low capital value of £359 per square foot, subject to contract and exclusive of VAT
Rates Payable Upon Enquiry
  • Rare long term income stream with 12 years unexpired
  • Located in the heart of Dalston, within a 3-minute walk of both Dalston Junction and Dalston Kingsland station
  • Comprises 4,963 sq ft of office accommodation over ground and first floor
  • Let to Duncan Lewis Solicitors Limited expiring 20th January 2038, at a passing rent of £161,504 per annum reflecting £32.54 per square foot
  • Virtual Freehold (979 years unexpired) at a peppercorn ground rent
  • Duncan Lewis Solicitors Limited have had a lease of the building since 2006
4-10 Balls Pond Road, N1, London, Office For Sale - MC4188-7691-HR.jpg

Accommodation

Namesq ft
1st 2,879
Ground 2,084
Total4,963

Location

4-10 Balls Pond is located in the heart of Dalston in North London. It is situated approximately 2.5 miles north of the City of London and 1.7 miles north east of Old Street.

Situated within the London Borough of Hackney, Dalston forms an integral part of London’s cultural and creative district. Dalston is bordered with Islington to the west and Hackney Central to east.

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4-10 Balls Pond Road, N1 - MC4188-7679-HR.jpg