*Guide | £550,000+ (plus fees)
- Retail Property (high street)
- Tenure: Leasehold. The property is held on a 999 year lease from 1st January 2012 (thus approximately 986 years unexpired).
Call the team on 020 7625 9007 for more information
A Ground Floor Commercial Unit Subject to a Lease Producing £45,000 Per Annum
The property comprises a ground floor commercial unit situated within a detached block arranged over ground and five upper floors.
Tenure
Leasehold. The property is held on a 999 year lease from 1st January 2012 (thus approximately 986 years unexpired).
Location
The property is situated on a mixed use road close to local shops and amenities. The open spaces of Hackney Marshes are within easy reach. Transport links are provided by Hackney Downs overground and rail stations.
Accommodation
Ground Floor Shop Area G.I.A. Approximately 281 sq m (3,025 sq ft)
Tenancy
The property is subject to a lease for a term of 20 years commencing 26th September 2016 at a rent of £45,000 per annum. Rent reviews every 5 years, last review 2021.
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
