Unit 2, 61 Princelet Street, Shoreditch, London, E1 5LP
£460.99 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
423 sq ft
39 sq m
- SECTOR
Commercial property for sale
Key features
- Impressive Central Shoreditch Commercial Retail Investment
- Currently let until 30/09/26 at a passing rent of £6,360 p/a
- Opportunity to 're-gear' with an ERV of £15,000 p/a
- Prominent street frontage / fully self-contained
- Attractive Capital Value at just £461 p/sq/ft
Description
This is a fantastic opportunity for either an owner-occupier or investor to purchase a high-yielding self-contained retail unit in the heart of Shoreditch. The property enjoys a prominent glazed frontage and is currently let until 30/09/2026 for a reduced rent of £6,360 p/a. A mutual break could be exercised, creating a vacant unit with a market rent of £15,000 per annum delivering either an excellent yield close to 8% or considerable value to an owner-occupier. To Be Sold with the benefit of the current commercial lease.
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.
Brochures
Unit 2, 61 Princelet Street, Shoreditch, London, E1 5LP
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Aldgate East Station0.3 miles
- Shoreditch High Street Station0.3 miles
- Whitechapel Station0.4 miles
Notes
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