£800,000
(£1,111.11/sq. ft)
Retail premises for sale33 Broadway Market, London E8
720 sq. ft
EPC Rating: D
Business
Freehold
About this property
Virtual Freehold
Produced Income of £48,000 pa
6% Yield
Broadway Market
Shop for Sale
Ground Floor & Basement
Tenant in Situ
VAT not applicable
High Spec Fit out
Estimated Rates Payable: £7235.5
Description
A prime virtual freehold investment in Broadway Market, Hackney, comprising a ground-floor and basement retail unit let to % Arabica at £48,000 per annum.
% Arabica is a globally renowned specialty coffee brand with 218+ locations worldwide, including thriving London spots in Covent Garden, Broadway Market, and Spitalfields. Known for its high-quality coffee and strong customer following, the business is well-established and expanding. With a solid reputation and a long-term lease contract in place, this investment offers stability in one of East London’s most sought-after locations.
Location
The shop is located at Broadway Market in London Fields and is a lively street known for its weekend market, independent shops, cafes, and restaurants. A popular spot for locals and visitors, it offers artisan food, vintage fashion, and a creative community vibe, making it a prime location for businesses and investment.
Terms
The existing lease runs until 24.06.26, after which a new 10-year lease will commence, running until 24.06.36, with rent reviews scheduled for 24.06.26 and 24.06.31, and a break option on 24.06.31.
A prime virtual freehold investment in Broadway Market, Hackney, comprising a ground-floor and basement retail unit let to % Arabica at £48,000 per annum.
% Arabica is a globally renowned specialty coffee brand with 218+ locations worldwide, including thriving London spots in Covent Garden, Broadway Market, and Spitalfields. Known for its high-quality coffee and strong customer following, the business is well-established and expanding. With a solid reputation and a long-term lease contract in place, this investment offers stability in one of East London’s most sought-after locations.
Location
The shop is located at Broadway Market in London Fields and is a lively street known for its weekend market, independent shops, cafes, and restaurants. A popular spot for locals and visitors, it offers artisan food, vintage fashion, and a creative community vibe, making it a prime location for businesses and investment.
Terms
The existing lease runs until 24.06.26, after which a new 10-year lease will commence, running until 24.06.36, with rent reviews scheduled for 24.06.26 and 24.06.31, and a break option on 24.06.31.
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