Commercial property for sale in 85 And 89 Amhurst Road, Hackney, London E8
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Property description
An opportunity to purchase two adjoining ground floor shops on Amhurst Road, Hackney E8. Both units are self-contained.
Both units are located in a prominent position at the junction of Dalston Lane and Pembury Road. They sit on the main road amongst a popular parade of local shops in a predominantly residential area.
Number 85 measures 764sqft (gia) let to a Chinese restaurant t/a Noodle Xpress on a 15-year lease from 25 December 2012 at £25,000 per annum. Number 89 measures 614sqft (gia) let to a convenience store t/a Wine Centre on a 12-year lease from 12 December 2022 at £25,000 per annum. Each unit comes with the benefit of a 250-year lease starting from 30th June 2023.
The combined rental of £50,000 per annum offers an attractive 7.69% yield.
Hackney Down and Hackney Central station are conveniently situated within a 2-minute walk and provide links to the city, north, east and west London. Mare Street and Kingsland road, with their array of shops, eateries, street markets, bars and nightclubs are all within a short walking distance.
The property will likely appeal to local and regional investors.
Inviting offers of £590,00 for the long leasehold interest.
Viewings are strictly on an appointment basis only.
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Whozoo, SE3 on +44 20 8166 7298 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Whozoo, and do not constitute property particulars. Please contact Whozoo 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.