Guide price
£250,000
Retail premises for sale115 Stoke Newington Road, Stoke Newington, London N16
Auction
Leasehold
About this property
Guide Price = £250,000+
**For Sale By Public Auction 7th October 2026 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**
A Lower Ground and Ground Floor Retail Unit Let Producing £24,000 Per Annum (Reflecting a Gross Initial Yield of 9.6% on the Guide Price).
Tenure
Leasehold. The property is held on a 999 year lease from May 2017 (thus approximately 991 years unexpired).
Location
The property is situated on a mixed use road close to local shops and amenities. The open spaces of Hackney Downs Park are within easy reach. Transport links are provided by Dalston Kingsland overground station and Hackney Downs rail station.
Description
The property comprises a lower ground and ground floor retail unit situated within a mid terrace building arranged over lower ground, ground and two upper floors.
Accommodation
Lower Ground Floor
Basement Area
G.I.A Approximately 37 sq m
Ground Floor
Shop
G.I.A Approximately 30 sq m
Tenancy
The property let to Let's Tailor Design Ltd for a term of 15 years commencing 1st April 2026 at a rent of £24,000 per annum. Tenants break clause in 2031 and 2036. Rent review every 4 years from 2030.
Open for Viewings During Normal Business Hours
For all enquiries, please contact Noah at
**For Sale By Public Auction 7th October 2026 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**
A Lower Ground and Ground Floor Retail Unit Let Producing £24,000 Per Annum (Reflecting a Gross Initial Yield of 9.6% on the Guide Price).
Tenure
Leasehold. The property is held on a 999 year lease from May 2017 (thus approximately 991 years unexpired).
Location
The property is situated on a mixed use road close to local shops and amenities. The open spaces of Hackney Downs Park are within easy reach. Transport links are provided by Dalston Kingsland overground station and Hackney Downs rail station.
Description
The property comprises a lower ground and ground floor retail unit situated within a mid terrace building arranged over lower ground, ground and two upper floors.
Accommodation
Lower Ground Floor
Basement Area
G.I.A Approximately 37 sq m
Ground Floor
Shop
G.I.A Approximately 30 sq m
Tenancy
The property let to Let's Tailor Design Ltd for a term of 15 years commencing 1st April 2026 at a rent of £24,000 per annum. Tenants break clause in 2031 and 2036. Rent review every 4 years from 2030.
Open for Viewings During Normal Business Hours
For all enquiries, please contact Noah at
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Monthly repayment
£1,250 per month
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