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£395,000

Retail premises for sale

Hackney Road, London, Shoreditch E2

£395,000

Retail premises for sale
Hackney Road, London, Shoreditch E2

    Added on 13/09/2024

    About this property

    • Let on a new 5-year Full Repairing and Insuring (Fri) lease from 2025.

    • Income: £25,000 per annum exclusive.

    • 999 year lease.

    A rare opportunity to acquire a well-located commercial investment in the heart of Shoreditch. The premises comprise a ground floor and basement unit let to Crumbkie Ltd, operating as a dessert shop under Class E use.

    The unit benefits from excellent visibility on the prime stretch of Hackney Road, offering strong footfall and direct connectivity to Hoxton, Shoreditch High Street, and Columbia Road. Internally, the premises are in good condition with recent tenant-led fitout works.

    This is an attractive hands-off investment with immediate rental income and strong covenant strength from an established food operator.

    The area is surrounded by Boutique Style Retailers, Coffee shops, Upmarket Restaurants, Bars & Nightclubs.

    Leasehold Terms:
    Lease Length: 999 year lease
    Service Charge: £1,734.03 per annum
    VAT: Vat applicable

    Lease Terms:
    Tenancy: Let on a new 5-year Full Repairing and Insuring (Fri) lease from 2025.
    Income: £25,000 per annum exclusive.
    Rent Review: Open market rent review at the end of Year 3, subject to 6 months' notice.
    Break Clause: Mutual break at the end of Year 3, with 6 months' notice.

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