Offers in region of
£430,000
(£279.36/sq. ft)
Office for saleUnit 1 Oakwood House, 414-422 Hackney Road, Cambridge Heath, London E2
1,539 sq. ft
Just added
Leasehold
About this property
Self Contained
Passing Rental Income: £17,000 pax
Good Ceiling Height
Ground Rent: Peppercorn
Good Transport Links
Estimated Rates Payable: £5508
Description
A rare opportunity to acquire a self-contained E Class commercial unit within the Oakwood House development. Generating £17,000 per annum from an established tenancy, the property offers immediate, secure income from day one. With strong transport connectivity supporting long-term occupier demand and a 250-year long leasehold, this is an ideal low-management addition to any investment portfolio.
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
Long Leasehold of 250 years from 2012 - 236 Years Unexpired
Tenancy Details
Business Name: Hand of God ltd
Passing Rent: £17,000 per annum
Rental Deposit; £4,250
Lease length: 5 years outside the act from 2023 (Expires on 31st May 2028)
A rare opportunity to acquire a self-contained E Class commercial unit within the Oakwood House development. Generating £17,000 per annum from an established tenancy, the property offers immediate, secure income from day one. With strong transport connectivity supporting long-term occupier demand and a 250-year long leasehold, this is an ideal low-management addition to any investment portfolio.
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
Long Leasehold of 250 years from 2012 - 236 Years Unexpired
Tenancy Details
Business Name: Hand of God ltd
Passing Rent: £17,000 per annum
Rental Deposit; £4,250
Lease length: 5 years outside the act from 2023 (Expires on 31st May 2028)
Mortgage calculator
Monthly repayment
£2,151 per month
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