106a Brick Lane, Shoreditch, London, E1 6RL
£1395.35 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
215 sq ft
20 sq m
- SECTOR
High street retail property for sale
Key features
- Two separate retail units.
- Well-presented period frontage.
- Highly desirable location.
- ERV of £21,600 per annum.
- Attractive G.I.Y of 7.2% based on ERV.
- Full Vacant Possession.
Description
This delightful lock up shop is impeccably located in the heart of the bustling and ever-desirable Brick Lane. Currently set up as a florist and a mobile phone counter, the property is split into two equally desirable retail units that are highly demanded and unlikely to go through any vacancy periods.
The units are run through one electricity meter which is inside the florists demise, there are no washroom facilities or running water and we understand that the tenants utilise facilities from the neighbouring properties.
Location
The property is located approximately half way up Brick Lane providing access to both Shoreditch High Street & Aldgate East. Princelet Street runs perpendicular to both Brick Lane and Commercial Street with an abundance of different retailers, offices and restaurants serving the area and the wider London crowds. Spitalfields, Liverpool Street & Aldgate are all within walking distance further increasing the desirability of this prime E1 location.
Terms
Guide Price: £300,000 (subject to contract & without prejudice).
Tenure: Long Leasehold. 125 year term from the 8th September 1998.
Ground Rent: £30 per annum.
Rateable Value: Please enquire with the local authority The London Borough of Tower Hamlets
Retail Premises: (USE CLASS E): 215 sq ft 20.0 sq m.
Local Authority: The London Borough of Tower Hamlets.
VAT: To be confirmed.
Possession: Full vacant possession on completion of legal formalities.
Legal Costs: Each party is to pay their own legal costs.
Viewings: Strictly by appointment with Sole Agents Winkworth Commercial.
Brochures
106a Brick Lane, Shoreditch, London, E1 6RL
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Aldgate East Station0.3 miles
- Shoreditch High Street Station0.3 miles
- Aldgate Station0.4 miles
Notes
Disclaimer - Property reference 290223-1. 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 WINKWORTH DEVELOPMENT AND COMMERCIAL INVESTMENT 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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