Offers in region of
£380,000
(£343.58/sq. ft)
Office for saleUnit 3 Oakwood House, 414-422 Hackney Road, Cambridge Heath, London E2
1,106 sq. ft
Leasehold
About this property
Self Contained
Good Ceiling Height
Good Natural Light
Security Shutter
Good Transport Link
Estimated Rates Payable: £11601.75
Description
The available asset comprises a self-contained E Class commercial unit on the ground floor of the Oakwood House development, benefiting from excellent natural light and strong transport connectivity. The property is currently producing an income of £17,000 per annum from the established play café, Dreami Ltd, and is available for purchase on a long leasehold of 250 years.
Location
This property is located on the north side of Hackney Road, near the junction with Cambridge Heath Road. The street has become increasingly popular among young and trendy locals, thanks to the recent addition of new art galleries and fashion retailers. Moreover, the area offers convenient access to London Transport bus and train services, with the nearest Overground station being Cambridge Heath. Positioned only a short walk to the south-east from Broadway Market, the site boats fantastic exposure to vehicles and pedestrians.
Viewings
Strictly by appointment only
Terms
250 Year Long Leasehold from 2012 - remaining unexpired years: 236 years
Ground Rent: Peppercorn
Tenancy Details
Dreami Ltd
Passing Rent: £17,000 per annum
Lease started: 17th July 2023
Rental Deposit: £4,250
Rent Review: Every 5th anniversary - Upcoming Review: July 2028
The available asset comprises a self-contained E Class commercial unit on the ground floor of the Oakwood House development, benefiting from excellent natural light and strong transport connectivity. The property is currently producing an income of £17,000 per annum from the established play café, Dreami Ltd, and is available for purchase on a long leasehold of 250 years.
Location
This property is located on the north side of Hackney Road, near the junction with Cambridge Heath Road. The street has become increasingly popular among young and trendy locals, thanks to the recent addition of new art galleries and fashion retailers. Moreover, the area offers convenient access to London Transport bus and train services, with the nearest Overground station being Cambridge Heath. Positioned only a short walk to the south-east from Broadway Market, the site boats fantastic exposure to vehicles and pedestrians.
Viewings
Strictly by appointment only
Terms
250 Year Long Leasehold from 2012 - remaining unexpired years: 236 years
Ground Rent: Peppercorn
Tenancy Details
Dreami Ltd
Passing Rent: £17,000 per annum
Lease started: 17th July 2023
Rental Deposit: £4,250
Rent Review: Every 5th anniversary - Upcoming Review: July 2028
Mortgage calculator
Monthly repayment
£1,900 per month
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