Unit 2, 35 Shore Road, London, E9 7FL
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Key features
- Virtual freehold - 999 year lease
- Day care nursery investment
- About 191 sq m (2,054 sq ft)
- New 25 year lease from completion with mutual break clause every 5 years
- Guide price reflects a gross yield of 8.8%
- Currently producing £61,620 per annum
Description
The ground floor only of this new mixed-use development. The upper floors comprise 13 apartments (not included in the sale) in the popular London Fields neighbourhood of Hackney. The unit benefits from its own private entrance and will benefit from a brand new fit out. This represents an opportunity to acquire long term income in a government funded sector experiencing rapid increases in demand.
Some of the photos shown are concept images from the fit out contractor Opus4.
Location:
The London Borough of Hackney lies about 5 miles (8 km) north-east of Charing Cross. Hackney is bounded by Islington to the west, Haringey to the north, Waltham Forest to the north-east, Newham to the east, Tower Hamlets to the south-east and the City of London to the south-west. Hackney was one of the host boroughs of the London Olympics in 2012, with several of the Queen Elizabeth Olympic Park venues falling within its boundaries. Shore Road is located just off Well Street near its junction with Mare Street. London Fields Station is 6 minutes walk with trains to Liverpool Street taking 9 minutes, alternatively reached directly by bus within 30 minutes. Shoreditch is reached by bus in 20 minutes. The area hosts an abundance of independent eateries, and bars around Mare Street and the fashionable Broadway Market which is reached within 10 minutes walk.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Unit 2, 35 Shore Road, London, E9 7FL
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Visit our security centre to find out moreDisclaimer - Property reference 102514. 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 BidX1 Commercial, 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call BidX1 Commercial, London on 020 3909 9740.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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