110a-120b Lower Clapton Road, E5, 110A Lower Clapton Road, London, E5 0QR
£460.17 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
5,976 sq ft
555 sq m
- SECTOR
High street retail property for sale
Key features
- Freehold
- Prominent retail parade with a 75 metre frontage onto Lower Clapton Road
- Comprises 5,976 sq ft across 11 retail units
- Fully let to 11 tenants at passing rent of £172,500 per annum reflecting £28.87 psf
- WAULT to expiry 3.28 years
- Residential apartments on the upper floors are sold off on a long leasehold with a total ground rent payable of £41,000 pa
- Planning permission granted for two residential apartments at the rear of the property
- All Section 106 and CIL payments in respect of the consented scheme have been made in full
Description
110-120b Lower Clapton Road comprises a parade of 11 ground and lower ground floor retail units which are let to independent retailers. There is a concrete yard at the rear of the asset that has planning permission for two residnential flats.
The residential upper parts are not sold off on a long leasehold with a total ground rent payable of £4,100 pa.
Location
110a-120b Lower Clapton Road is prominently situated on the eastern side of Lower Clapton Road. It is one of the area's busiest retail and residential thoroughfares, within walking distance of Hackney Downs Park to the south and Clapton Pond to the north.
Brochures
110a-120b Lower Clapton Road, E5, 110A Lower Clapton Road, London, E5 0QR
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Hackney Downs Station0.5 miles
- Hackney Central Station0.5 miles
- Clapton Station0.6 miles
Notes
Disclaimer - Property reference 382489-1. 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 Compton, 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.