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Retail Property (high street) for sale

331 Mare Street, Hackney E8 1EJ

Sold by Us £625,000
723 sq. ft.

Property Description

Commercial information

  • 723 sq ft (67 sq m)

Key features

  • 999 Virtual Freehold Sale
  • 40,000 income
  • Ground rent of a peppercorn
  • Stirling Ackroyd are the Tenant
  • Lease until 2019

Full description

Tenure: Leasehold

The unit is located in a prominent position on the corner of Mare St and Graham Road. Hackney Central station is directly behind the unit and less than a minute’s walk away with Hackney Downs station only 5 minutes on foot. The unit is also serviced by many bus routes both towards Central London and further North and East. In the near vicinity there are an abundance of National occupiers including; Foxtons, JD Sports, Tesco, Boots, Subway amongst others.

The unit comprises of 720 sq.ft of ground floor retail/office space currently trading with A2 use. The unit is currently let to Stirling Ackroyd on a 10 year lease expiring in 2019. The passing rent is £40,000 per annum which was agreed at the previous rent review in 2014.

The return frontage spans both Mare St and Graham road, with a total frontage of circa 9ft on Mare street and 90ft on Graham Road.

Ground Floor: 723.00

Map & Street View

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