10-12 Andre Street, London, E8
£5.29 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
17,000 sq ft
1,579 sq m
- SECTOR
Mixed use property for sale
- USE CLASSUse class orders: C3 Dwelling Houses and Class E
C3, E
Key features
- Rental Income: £5,150 p.a.
- Gross Initial Yield: 5.72%
- Comprises block of 17 apartments and 1 large retail unit, all sold-off on long leaseholds
- Situated within 5 min walk from Hackney Downs Overground and Train Station
Description
Gross Initial Yield: 5.72%
Rental Income: £5,150 p.a.
VAT is NOT applicable to this property
Comprises block of 17 apartments and 1 large retail unit, all sold-off on long leaseholds
Situated within 5 min walk from Hackney Downs Overground and Train Station
Property Description:
Comprises mixed-use block of 17 apartments and 1 large retail unit, all sold-off on long leaseholds, providing the following accommodation and dimensions:
Ground Floor: Large retail unit 929 sq m (10,000 sq ft)
First-Third Floor: 17 self-contained apartments
Tenancy:
The retail unit is sold off on 999 year lease from April 2024 at a ground rent of peppercorn.
The residential flats have been sold-off on 125 year leases from 1st January 2018 at a ground rent of £5,150 p.a..
Location:
The property is situated on Andre Street, just moments from the station and green space at Hackney Downs Station, close to all amenities and further Overground station at Hackney Central and the social hotspots of London Fields and Dalston. Retail occupiers nearby include Cafes, Takeaway, Laundrette, Supermarket, Wine Shop and more.
Brochures
10-12 Andre Street, London, E8
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 Blue Alpine, London
54 Welbeck Street, London W1G 9XS
Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.
Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can a
Notes
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