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4 Chatsworth Road, London, E5 0LP

£1,725,000

£694.72 per sq ft

Business rates & charges may apply

Fyfe Mcdade Limited, London
SIZE AVAILABLE

2,483 sq ft

231 sq m

SECTOR

Office for sale

Key features

  • Mixed Use Building
  • Freehold Available
  • Investment Sale
  • Fully Let to 3 Tenants
  • Producing £92,600 Per Annum
  • £1,725,000 Asking Price

Description

A mixed use freehold investment for sale in the heart of Clapton, on the popular Chatsworth Road. The property is comprised of a ground floor (Class E) commercial space, a one double bedroom apartment on the 1st floor with it's own roof terrace, and a two double bedroom duplex on the 2nd and 3rd floors.

The flats have recently undergone an extensive refurbishment which are finished to an impeccable standard throughout. The tenant of the commercial space, Hidden Planet Studio, will be conducting their own fit out which will be used for retail purposes selling plants, illustrations, books, and stationery. The property is fully let to 3 separate tenants and provides an annual income of £92,600 per annum.

Chatsworth Road is a thriving street in an area which has seen significant regeneration over the last decade. It is home to numerous new artisan and independent shops which complement the traditional traders, several bars and restaurants and a popular Sunday market. The unit is toward the southern end of the street, close to Homerton hospital and less than half a mile from Homerton Overground station.

The freehold is available to purchase on an unconditional basis, subject to an asking price of £1,725,000. All other terms and conditions by negotiation.

The accommodation comprises of the following

The commercial unit is let to, Hidden Planet Studio Ltd, on a 10 year lease outside the Landlord & Tenant Act 1954, which commenced September 2022 at a rent of £35,000 per annum. A mutual break clause and rent review are agreed on the 5th year. Both flats are let on 12 months AST's starting November 2022. The rent for the 1 bed apartment is £25,800 pa, and £31,800 pa for the 2 bed apartment.

Brochures

4 Chatsworth Road, London, E5 0LP

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Homerton Station0.4 miles
  • Hackney Central Station0.6 miles
  • Hackney Downs Station0.8 miles

About Fyfe Mcdade Limited, London

1 Charlotte Road, London, EC2A 3DH

Fyfe Mcdade Limited, London

The market for commercial property in London is undergoing a transformation, especially in East, North and central London, where co-working has changed the face of the commercial office market. We are at the forefront of this property revolution, selling and letting spaces across the property spectrum, from hot desks in Hoxton to unique retail units for boutique businesses to whole office buildings in central London. We provide advice on every aspect of selling or letting commercial property,

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Notes

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Disclaimer - Property reference 130280-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Fyfe Mcdade Limited, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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