493- 495 Hackney Road, Hackney, London, E2 9ED
£637.91 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
823 sq ft
76 sq m
- SECTOR
High street retail property for sale
Key features
- 9 Year Lease Remaining
- Double Shopfront
- Prominent High Street Position
- Heavy Footfall
- Great Natural Light
- Strong Rental Deposit
Description
The available asset is a self-contained, E class commercial premises spanning the ground floor and basement level of a former buildersmerchant shop in the vibrant London Fields area. The property benefits from great natural light, strong transport connectivity, and high footfall, making it an attractive investment location. This asset will be available for purchase on a long term, 999 year Leasehold.
The Tenant Lease for the property commenced 18/07/2024 to a modern architecture firm, A is for Architecture. The lease term is 10 years, with a tenant break clause after 5 years and is outside the Landlord and Tenant Act 1954. The property returns a passing rent of £35,000 per annum plus VAT. The rent is subject to a market review at the 5th anniversary.
Location
This former buildersmerchants shop is located on the north side of Hackney Road, near the junction with Cambridge Heath Road. The street has become increasingly popular among young and trendy locals, thanks to the recent addition of new art galleries and fashion retailers. Moreover, the area offers convenient access to London Transport bus and train services, with the nearest Overground station being Cambridge Heath.
Brochures
493- 495 Hackney Road, Hackney, London, E2 9ED
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Cambridge Heath Station0.1 miles
- Bethnal Green (Underground) Station0.4 miles
- London Fields Station0.6 miles
Notes
Disclaimer - Property reference 331283-1. 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 TARN AND TARN 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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