Summary

Property Type E (Commercial / Business / Service)
Tenure For Sale
Size 423 sq ft
Price Offers in the region of £195,000
Rates Payable Upon Enquiry
  • Impressive Central Shoreditch Commercial Retail Investment
  • Currently let until 30/09/26 at a passing rent of £6,360 p/a
  • Opportunity to 're-gear' with an ERV of £15,000 p/a
  • Prominent street frontage / fully self-contained
  • Attractive Capital Value at just £461 p/sq/ft

About

This is a fantastic opportunity for either an owner-occupier or investor to purchase a high-yielding self-contained retail unit in the heart of Shoreditch. The property enjoys a prominent glazed frontage and is currently let until 30/09/2026 for a reduced rent of £6,360 p/a. A mutual break could be exercised, creating a vacant unit with a market rent of £15,000 per annum delivering either an excellent yield close to 8% or considerable value to an owner-occupier. To Be Sold with the benefit of the current commercial lease.

Location

The property is located approximately half way up Brick Lane providing access to both Shoreditch High Street & Aldgate East. Princelet Street runs perpendicular to both Brick Lane and Commercial Street with an abundance of different retailers, offices and restaurants serving the area and the wider London crowds. Spitalfields, Liverpool Street & Aldgate are all within walking distance further increasing the desirability of this prime E1 location.

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Unit 2, 61 Princelet Street - unit 2@61 princelet street-5014.jpg