Commercial property for sale in Andre Street, London E8

Offers over £4,500,000 (£292.67/sq. ft)
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Commercial property for sale

15,376 sq. ft*

Property description

Key Points

  • Freehold Investment
  • 17 Residential Units
  • 6 tenanted Commercial Properties
  • Annual Income of approx. £225,000
  • Hackney E8
  • Description

    This modernist block, constructed approximately 5 years ago, is not only architecturally impressive but also boasts significant dimensions. The property spans a total size of 15,375.65 square feet, providing a spacious and well-designed environment for its occupants. The block is comprised of 17 residential units, each with a lease term of five years into 125 years. The residential units are thoughtfully integrated into the block, offering a variety of living spaces within the overall square footage. In addition to the residential aspect, the property includes 6 occupied commercial units. These spaces, contributing to the total size of the property, add a dynamic and versatile element to the block. The combination of residential and commercial units enhances the overall functionality and appeal of the property, catering to a diverse range of occupants and businesses.

    The annual income from the freehold, approximately £225,000 per annum, provides a significant financial aspect to the property.

    Location

    Andre Street is just moments from the station and green space at Hackney Downs Station, close to all amenities and further Overground station at Hackney Central and the social hotspots of London Fields and Dalston.

    Availability_Text

    The accommodation comprises the following areas:

    Specifications

    Tenancy schedule upon request.

    Property info

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

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    For more information about this property, please contact
    Fyfe Mcdade Ltd, EC2A on +44 20 3641 5038 * (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 Fyfe Mcdade Ltd, and do not constitute property particulars. Please contact Fyfe Mcdade 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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