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COMMERCIAL

340 Old Street, London, EC1V 9DS

Guide Price
£1,495,000
Strettons, Strettons Auctions
PROPERTY TYPE

Commercial Property

BEDROOMS

4

SIZE

Ask agent

Key features

  • Freehold

Description

** For sale by public auction on 11th September at 12:00 **

Location & Description
The property is located in the vibrant and fashionable location of Old Street (A5201) in Shoreditch, at the junction of Old Street and Charlotte Road. The area is well served by public transport with Old Street (Northern) Tube Line being 300m to the west and Shoreditch High Street (Overground) Line being 500m to the south east. The property can be reached via Shoreditch High Street (A10) and Old Street (A501).

The property comprises a rarely available four storey freehold corner building, comprising a ground floor and basement retail unit together with a four bedroom flat over first, second and third floors, which is accessed via Charlotte Road.

Accommodation
The property comprises:

Ground Floor and Basement: Barbers retail area, Kitchenette, Staff Rest area, Toilet 807 Sq Ft (75 Sq M)

First Floor: Living Room and Kitchen
Second Floor: Two Bedrooms, Bathroom/Toilet
Third Floor: Two Bedrooms, Bathroom Toilet
Total:1,206 Sq Ft (112 Sq M)

Lease Details
The retail unit is let to Huckle Limited (t/a Barbers) for a term of 15 years from 1st July 2017 at a rent of £50,000 per annum.

Tenure
Freehold

Note
1. Internal photos of flat provided by vendor.
2. The property has further rental potential.

Auction Surveyor : Rob Hills
Contact :
Robert.

RETAIL UNIT PRODUCING £50,000 PER ANNUM AND VACANT FOUR BEDROOM FLAT

EPC Rating
Retail Unit - D
Residential Flat - E

Viewing Times

Brochures

Legal Documents

340 Old Street, London, EC1V 9DS

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Old Street Station0.3 miles
  • Shoreditch High Street Station0.3 miles
  • Hoxton Station0.4 miles

About Strettons, Strettons Auctions

Waltham House, 11 Kirkdale Road, London, E11 1HP

Leading, independent auction house based in London, trusted nationwide. We hold 7 combined residential and commercial property auctions each year, selling nearly £100m in property over the last 18 months with an 85% success rate. While we're best known for our knowledge base and activity in east and north London, our auction work is trusted nationwide.

Auctions are a fast, transparent and efficient method of property sale, with transactions closing in as little as 28 days. Our dedicated team is here to help with each stage of the process and answer any questions about buying or selling property at auction.

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Notes

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Disclaimer - Property reference 307102. 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 Strettons, Strettons Auctions. 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 Strettons, Strettons Auctions on 020 3840 3721.

*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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