Unit 2, 61 Princelet Street, Shoreditch, London, E1 5LP
Size
423
Tenure
Leasehold
EPC
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Parking
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- Primary use
- Other
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.
- Service charge
- £200
- Business rates
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- Use class
- E
- Listed building
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- Tenure
- Leasehold
- Length of lease
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Brochure
Unit 2, 61 Princelet Street, Shoreditch, London, E1 5LP
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Disclaimer - Property reference 360538-1. 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 MERIDIAN CP, 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.