£1,400,000
(£881.61/sq. ft)
Property for sale46 Crispin Street, Spitalfields, London E1
1,588 sq. ft
Just added
Freehold
About this property
Unique Opportunity
Freehold Property
Great Street Appeal
Opposite The Old Spitalfields Market
Mixed-Use Building
V.P
Not Listed Building
Excellent Transport Connectivity
High Footfall
Description
Situated just a stone’s throw from the renowned Old Spitalfields Market, this exceptional freehold mixed-use property presents a rare opportunity to acquire a distinctive piece of London’s history. Steeped in character, the building reflects the rich heritage of the Industrial Revolution era and carries the atmosphere of the Jack the Ripper period.
The property comprises a self-contained commercial unit arranged over the ground floor and basement, suitable for a wide variety of commercial uses, together with two residential flats above, a studio and 1 bedroom flat.
There is also the opportunity to reapply for planning permission to alter the shopfront, which could allow for the creation of two separate entrances – one dedicated to the retail unit and another providing independent access to the flats.
Combining historic charm with mixed-use flexibility, this is a rare freehold acquisition not to be missed.
Location
The building is located on the West side of Crispin Street just off Brushfield Street and close to the edge of the City's Square Mile in the heart of Spitalfields. The property stands at the doorstep of the Spitalfields Market, Shoreditch and Brick Lane, now an established office/retail location popular with the media and tech sector. The building is well served by public transport, with Liverpool Street, Aldgate East and Shoreditch High Street stations being within very short walking distance.
Viewings
Strictly by appointment only
Terms
Freehold
VAT
N/A
Legal Costs
Each Party to bear their own cost.
Rental Income & Tenancy Details
2nd-3rd floor 1 bedroom maisonette - let
- Producing Income: £30,600 pa - Lease expiry: 13/02/2027 - 2 months notice at any time
1st floor Studio Flat - available
- Expected Income: £21,000 pa
Ground Floor and Basement e-Class - available
- Expected Income: £40,000 pa
Total Expected Income: £91,600 per annum
Yield
Giy: 6.54%
Situated just a stone’s throw from the renowned Old Spitalfields Market, this exceptional freehold mixed-use property presents a rare opportunity to acquire a distinctive piece of London’s history. Steeped in character, the building reflects the rich heritage of the Industrial Revolution era and carries the atmosphere of the Jack the Ripper period.
The property comprises a self-contained commercial unit arranged over the ground floor and basement, suitable for a wide variety of commercial uses, together with two residential flats above, a studio and 1 bedroom flat.
There is also the opportunity to reapply for planning permission to alter the shopfront, which could allow for the creation of two separate entrances – one dedicated to the retail unit and another providing independent access to the flats.
Combining historic charm with mixed-use flexibility, this is a rare freehold acquisition not to be missed.
Location
The building is located on the West side of Crispin Street just off Brushfield Street and close to the edge of the City's Square Mile in the heart of Spitalfields. The property stands at the doorstep of the Spitalfields Market, Shoreditch and Brick Lane, now an established office/retail location popular with the media and tech sector. The building is well served by public transport, with Liverpool Street, Aldgate East and Shoreditch High Street stations being within very short walking distance.
Viewings
Strictly by appointment only
Terms
Freehold
VAT
N/A
Legal Costs
Each Party to bear their own cost.
Rental Income & Tenancy Details
2nd-3rd floor 1 bedroom maisonette - let
- Producing Income: £30,600 pa - Lease expiry: 13/02/2027 - 2 months notice at any time
1st floor Studio Flat - available
- Expected Income: £21,000 pa
Ground Floor and Basement e-Class - available
- Expected Income: £40,000 pa
Total Expected Income: £91,600 per annum
Yield
Giy: 6.54%
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