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Office for sale

47-49 Tudor Road, London, E9

4,725 sq. ft.

Property Description

Commercial information

  • 4,725 sq ft (438 sq m)
  • Use class orders: B1 Business

Key features

  • Net initial yield of 6.25%
  • Exposed brickwork
  • Large windows with excellent natural daylight
  • Generous floor to ceiling heights
  • New 999 year long-leasehold interest
  • Freehold interest available

Full description


Tudor Road is located immediately east of Mare Street in the heart of Hackney's popular London Fields district. In addition, fashionable Broadway Market is located nearby with its superb selection of restaurants and cafes. The area has become popular amongst young professional residents and a variety of office occupiers.


London Fields (0.3m) London Overground
Cambridge Heath (0.6,) London Overground
Bethnal Green (0.9m) Central Line


The property is a converted warehouse building of brick construction and is arranged over five floors with the offices at ground floor level and nineteen apartments on the four upper floors.

The office space benefits from exposed brickwork, large windows and generous floor to ceiling heights.

Approximate Floor Areas

Ground floor - 4,725 sq. ft.- 439 sq. m.

Use Class

B1 Office


The property is let to FormFormForm Ltd at 113,400 per annum (24 per sq. ft.).

The lease is for ten years from 09.01.2017, subject to a tenant only break clause at the fifth year.

The lease is subject to sixth month's rent free from the lease commencement date.

The lease is contracted outside the Landlord and Tenant Act 1954 (Part II).

Covenant Information

The tenant trades as Sugru and further information can be found on their website

They have been in occupation since 2007.

The tenant is a young fast-growing trendy company

Dun + Broadsheet credit rating of 2A2, reflecting a lower than average business failure.


The premises are offered for sale on the basis of a new 999 year long-leasehold interest, subject to a peppercorn rent.



The price reflects a Net Initial Yield of 6.25% after purchasing costs of 6.8%.


The freehold interest is available with the benefit of income from the ground rents of 19 apartments, equating to 5,700 pa.

Further information on request.

More information from this agent


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