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Commercial Property for sale

89 Lauriston Road, Hackney, London, E9

Removed 1,453 sq. ft. | £1,250,000

Property Description

Commercial information

  • 1,453 sq ft (134 sq m)

Full description

Tenure: Freehold

An attractive Victorian period shop and upper parts occupying a prominent mid-terrace position in a popular tree lined parade of village shops on Lauriston Road, close to the junction with Victoria Park Road. The property is situated within an attractive conservation area in the heart of the renowned Victorian Park Village.
 
The Freehold property comprises a shop at ground floor and basement of 654ft, arranged as mostly open plan accommodation, with a WC at lower level. To the ground floor rear is a separate and self-contained studio flat that can either be accessed from the street entrance from Lauriston Road or via a secure gated Mews walkway from Ruthven Street. At the first floor level there is a second small studio flat with a mezzanine storage/sleeping area and a separate 1 bedroomed apartment. At the second (top) floor level there is a further 1 bedroom flat, plus storage in the eaves.
 
The commercial element at ground floor and basement benefits from a traditional shop front and awning, currently occupied as an organic food store. The living accommodation is mostly in dated decorative order and would benefit from modernisation throughout.
 
Buyers should be aware that VAT may be payable at the point of purchase.
 
Upon inspection of the terrace it is apparent that several Freeholders have extended the properties at various levels, and that there could be scope to increase the internal footprint of the building in the future by way of development, or to amalgamate the ground floor shop area with the studio accommodation, subject to the necessary planning consents.

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