Retail premises for sale in 276 Hackney Road, Hoxton, London E2

Offers over £500,000 (£345.54/sq. ft)
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Retail premises for sale

1,447 sq. ft*

Property description

Key Points

  • Prime Hackney location close to Shoreditch, London Fields, and Broadway Market in North London
  • Close to Hoxton, Liverpool Street, Old Street and Shoreditch High Street stations
  • Building configured as two separate units as one retail unit fronting Hackney Road, and one office unit to the rear accessed from Ropley St
  • Each unit is fully self-contained with their own dedicated entrance
  • Total gross internal area of 1,447 sq ft (134.51 sq m) across ground and basement levels
  • Retail unit let to Klei Shop at £10,000 per annum on an underlease expiring May 2030
  • Office unit let to Flux Broadcast at £26,000 per annum on an underlease expiring May 2030
  • Total passing rent of £36,000 per annum with vacant possession of the whole building achievable in May 2030
  • Held on a 125 year long leasehold expiring 18 September 2111
  • An ideal sipp investment
  • Any sale subject to s.5 notices and ultime freeholder consent
  • Description

    The property comprises two separate self-contained units over the ground, lower ground, and basement floors of a mixed-use building. The upper floors are configured as residential flats and owned separately. The retail unit at the northern end of the demise is accessed via active frontage onto Hackney Road, whilst the office unit to the rear is accessed via Ropley Street. The units were recently renovated in 2017, with the office unit benefiting from a tenant fitout to a high standard in a media style. There is parking for two vehicles to the rear of the unit.

    Location

    The property is located on the south side of Hackney Road close to the administrative boundary between the London boroughs of Hackney and
    Tower Hamlets. This is an area undergoing regeneration and has had several fantastic new developments constructed in the past couple of years including The Shoreditch Exchange and hkr. The location is well located for public transport with Hoxton Overground station within a 5 minute walk and Liverpool Street, Old Street, and Shoreditch High Street stations all within a 20-25 minute walk.

    Availability_Text

    The accommodation comprises the following areas:

    Property info

    * Sizes listed are approximate. Please contact the agent to confirm actual size.

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    Strettons City & City Fringe, EC2A on +44 20 8022 4551 * (local rate)

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    Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Strettons City & City Fringe, and do not constitute property particulars. Please contact Strettons City & City Fringe 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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