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10-12 Andre Street, Flat 1, 12 Andre Street, London, E8 2AA

£100,000

Business rates & charges may apply

Fyfe Mcdade Limited, London
SIZE

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SECTOR

Industrial development for sale

Key features

  • Hackney
  • 17 Residential units
  • Gross rental income of £5,150 per annum

Description

This is a modernist block of brick and concrete construction built circa 5 years ago comprising 17 residential units each 5 years in to a 125-year term and two commercial units. The vendor owns the freehold of the entire building but would like to keep the commercial units under a separate long lease (999 years) with peppercorn ground rent.
The current gross ground rent income is £5,150.00 pa increasing by £300 every 25 years.
A section 5 notice was issued 2 years ago with the leaseholders declined proceeding to purchase.

Hackney, E8

The accommodation comprises the following areas:

Brochures

10-12 Andre Street, Flat 1, 12 Andre Street, London, E8 2AA

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Hackney Downs Station0.2 miles
  • Hackney Central Station0.4 miles
  • Rectory Road Station0.6 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 188075-1. 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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