Summary
| Property Type | Leisure / Office / Retail |
| Tenure | For Sale |
| Size | 800 sq ft |
| Price | £570,000 |
| Rates Payable | £5,364.25 per annum Small Business Relief Scheme Applicable |
| Service Charge | £1,412.20 per annum |
| EPC Rating | This property has been graded as B (27) |
- Tenant in situ
- 7% yield
- Shop for sale
- Well-established occupier
- Walking distance from Columbia Road
- Great Transport Links
About
This self-contained retail/gallery unit spans the ground and lower ground floors of a modern building completed in July 2018, benefiting from excellent natural light and high footfall. The property is let to Hello Vet, a well-established and expanding veterinary practice, at £40,000 per annum, reflecting a 7% yield, on a 10-year lease from 11 November 2024, offering a secure investment opportunity.
Accommodation
| Name | sq ft | sq m | Availability |
| Unit - GF & Basement | 800 | 74.32 | Available |
| Total | 800 | 74.32 |
Location
The property boasts a prominent location at the corner of Hackney Road and Columbia Road, famed for its flower market and array of boutique shops, restaurants, and popular pubs. Directly to the north are Hackney City Farm and Haggerston Park. The trendy Broadway Market is just a few minutes' walk away, while Shoreditch lies 12 minutes to the west and Victoria Park 15 minutes to the east.
The area is well-served by numerous bus routes to the City and Central London, and Hoxton Overground Station is within a 10-minute walk. In this increasingly popular part of East London, the surrounding area is undergoing continuous regeneration, attracting a growing number of creative companies and residents who are drawn to the vibrant neighborhoods of the City Fringe.
Mainline Stations
-
Cambridge Heath7 mins
-
Hoxton8 mins
-
Bethnal Green Rail11 mins
-
Shoreditch High Street13 mins
Underground Station
-
Cambridge Heath7 mins
-
Hoxton8 mins
-
Bethnal Green10 mins
-
Bethnal Green Rail10 mins
Downloads
Download Particulars
Further Information
-
Terms
The property is held on a 999-year lease commencing 1 March 2018. The tenant in situ has entered into a 10-year lease from 11 November 2024 to 11 November 2034, with a tenant-only break option at the fifth anniversary. An upward only rent review is scheduled at the fifth anniversary of the lease.
Gallery
