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Hackney Road, London, E2

£425,000

£531.25 per sq ft

Business rates & charges may apply

City & Urban (Shoreditch), London
SIZE AVAILABLE

800 sq ft

74 sq m

SECTOR

High street retail property for sale

USE CLASSUse class orders: A1 Shops and Class E

A1, E

Key features

  • 800 sq. ft. Retail unit
  • Located at the foot of the Shoreditch Triangle
  • 999 year lease
  • Let on a new 5-year Full Repairing and Insuring (FRI) lease from 2025

Description

A prime investment opportunity in the heart of Shoreditch. This ground floor and basement commercial unit is occupied by Facazz Ltd, a bakery operator, trading under Class E use. The unit is positioned in a high-footfall area with excellent frontage on Hackney Road, a key retail and hospitality corridor.

The property is well-presented and benefits from a recent tenant fit-out suitable for food and beverage use. The configuration includes trading space at ground level with ancillary and prep space in the basement. Positioned moments from Hoxton Station and Columbia Road, this is an ideal passive investment with potential for long-term capital appreciation in a regenerating area.

This is an attractive hands-off investment with immediate rental income and strong covenant strength from an established food operator.

The area is surrounded by Boutique Style Retailers, Coffee shops, Upmarket Restaurants, Bars & Nightclubs.

Leasehold Details:
999 year lease
Service Charge: £1,974.13 per annum
VAT: Vat applicable

Lease details:
Tenancy: 10-year Full Repairing and Insuring lease (FRI), outside the LTA 1954
Income: £30,000 per annum exclusive.
Rent Review: Open market rent review at Year 5 with 6 months' notice.
Break Clause: Mutual break at the end of Year 5, with 6 months' notice.

Hackney Road, London, E2

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Hoxton Station0.3 miles
  • Shoreditch High Street Station0.3 miles
  • Old Street Station0.5 miles

About City & Urban (Shoreditch), London

25 Phipp Street, London, EC2A 4NP

Notes

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Disclaimer - Property reference 984940. 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 City & Urban (Shoreditch), 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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