Retail premises for sale in Kenworthy Road, Hackney E9

Guide price £550,000
Interested in this property? Call +44 20 8115 7657 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Retail premises for sale

Property description

Century24 Ltd are delighted to market this great opportunity to acquire a freehold commercial shop with residential ground floor two bedroom flat at rear of property for sale in Hackney for investment. The two flats on the first and second floor have had the leases sold. A communal rear garden is shared by the flat and commercial premises.

***No approach whatsoever should be made to the owner of the premises***

Guide price: £550,000
Tenure: Freehold (Shop and rear ground ground floor flat)
Business rates: Tbc (We do advise all interested parties to make their own enquiries with the local authority)
Size: Tbc
Commercial shop and residential unit generates income of £28,000 per annum.

Commercial premises leased out:
Tenure: 10 Years renewable lease
Generating Rent: £11,280 per annum

Rear ground floor flat:
Generating rent at £16,800 per annum on AST
Flat can be available vacant at buyers choice

Location:
Kenworthy Road which has a heavy footfall and within walking distance to the iconic Victoria Park. Homerton station is 0.5 miles away (9 minute walk) giving access to the overground.

Century24 Ltd highly advise early viewing to avoid disappointment.
For more information and to arrange viewing please call our Commercial Sales Department or leave us a email.

Century24 Ltd is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.

1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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For more information about this property, please contact
Century 24 Ltd, E10 on +44 20 8115 7657 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Century 24 Ltd, and do not constitute property particulars. Please contact Century 24 Ltd for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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