Strettons Limited, Office and Investments

493 Cambridge Heath Road, Hackney, London, E2 9BU

Offers in region of

£900,000

Size

2,058

Tenure

Freehold

EPC

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Parking

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Primary use
Other

No floor / site plan

Key features

  • Located in a busy retail parade just a few minutes walk away from Cambridge Heath Station
  • Total Gross Internal Area of 2,058 sq ft / 191.2 sq m
  • Commercial unit newly refurbished and let on a 10-year FRI lease from November 2025 at an initial rent of £28,000 per annum
  • 2 x 1-bedroom flats both let on rolling ASTs let at a combined value of £40,800
  • Fully let investment producing £68,800 per annum reflecting a 7.64% gross yield and an attractive capital value of £437 per sq ft
  • Attractive purchase for continued investment purposes and improving total rental income
  • Scope for additional massing / upward extension subject to necessary planning consents

Description

Description
The property is a mixed-use building, consisting of a self-contained retail space on the ground and lower ground floors, with two residential flats above.

The retail unit benefits from plenty of natural light, high ceilings, WC facilities, and excellent transport links, making it a versatile space for various business types.

With strong investment and development potential, this property is a great opportunity for buyers looking to add value, whether through refurbishment, redevelopment, or rental income. Its prime location and mixed-use setup make it an attractive choice for both investors and developers.

Location
The freehold premises is located on the west side of Cambridge Heath Road, close to Hackney Road.

With easy road access into central London and excellent public transport links, the area is in strong demand for both work and leisure. Bethnal Green Underground Station on the Central line is just a short walk away, offering fast connections to the City and the West End. Cambridge Heath Station is approximately a 2-minute walk, served by the Weaver line. Several bus routes also run through the area, making travel across London straightforward and convenient.

The areas itself is surrounded by a vibrant mix of independent shops, cafés, and cultural venues.
Strettons Limited, Office and Investments

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Additional information
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Environmental data
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Brochure

493 Cambridge Heath Road, Hackney, London, E2 9BU

NEAREST STATIONS

National Rail

Cambridge Heath Station

0.08 miles

London Underground

Bethnal Green (Underground) Station

0.42 miles

National Rail

London Fields Station

0.52 miles

About Strettons Limited, Office and Investments

Strettons Limited, Office and Investments

Award-winning commercial and industrial agencies with specialist knowledge in East and North London. Our agency teams cover a wide cross-section of the market, with knowledge of each sector and what its investors or modern occupiers need to grow their operations.

Part of a multi-disciplinary firm with a full range of complementary commercial services, we work together to offer advice on every stage of property ownership. As a team, we cover Office, Retail, Licenced & Leisure, Investment, Development, Medical, Educational and Community, Hotels, Flexible Workspace and Tenant Representation.

Please contact us to speak about any of your search requirements or questions.

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Disclaimer - Property reference 374209-1. 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 Strettons Limited, Office and Investments. 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.