141 Brick Lane, Shoreditch, London, E1 6SB
Business rates & charges may apply
- SIZE
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- SECTOR
3 bedroom mixed use property for sale
Key features
- Newly Let Commercial
- Value Add Potential
- 3 Apartments
- Mixed Use
- Trophy Asset
Description
* Opportunity to acquire a fully let mixed-use shop & uppers investment comprising 3 flats.
LOCATION
* The property is located on the junction of Brick Lane and Bacon Street in the heart of Shoreditch and is approximately a 5-minute walk of Shoreditch High Street London Overground Station.
DESCRIPTION
* The property is a corner building arranged across five floors (Basement - Third), the ground and basement floor is occupied as commercial use with the upper floors divided into three flats.
* The three flats (1 x Studio & 2 x 1 Bed) extend to approximately 977.9 sqft (NIA).
* The flats are currently generating £68,520 per annum.
* The commercial shop is let to "Dark Sugars" on a 5-year lease from December 2024 at £51,600 per annum.
* The property has a total income of £120,120 per annum.
* The property benefits from a certificate of lawfulness in respect of existing use as x3 self-contained flats. (Planning Ref. PA/22/00263/NC)
TERMS
* We have been advised that VAT is only applicable to the commercial element of the property.
* The property is available freehold.
* Offers in excess of £1,600,000
141 Brick Lane, Shoreditch, London, E1 6SB
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Shoreditch High Street Station0.2 miles
- Bethnal Green (Mainline) Station0.5 miles
- Whitechapel Station0.6 miles
Notes
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