Property photos
£570,000
(£712.50/sq. ft)
Retail premises for sale
Ground & Basement Floor Unit 1, 312 Hackney Road, Shoreditch, London E2Local area information
Property location
Nearby amenities
- Hackney City Farm 0.1 miles
- City of London Academy, Shoreditch Park 0.2 miles
- Cambridge Heath 0.4 miles
- Hoxton 0.5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for Haggerston, Bethnal Green and London Fields to find out more about the local area.
Features and description
- Freehold
- Tenant in situ
- 7% yield
- Shop for sale
- Well-established occupier
- Walking distance from Columbia Road
- Great Transport Links
- Estimated Rates Payable: £5364.25
This self-contained retail/gallery unit spans the ground and lower ground floors of a modern building completed in July 2018, benefiting from excellent natural light and high footfall. The property is let to Hello Vet, a well-established and expanding veterinary practice, at £40,000 per annum, reflecting a 7% yield, on a 10-year lease from 11 November 2024, offering a secure investment opportunity.
Location
The property boasts a prominent location at the corner of Hackney Road and Columbia Road, famed for its flower market and array of boutique shops, restaurants, and popular pubs. Directly to the north are Hackney City Farm and Haggerston Park. The trendy Broadway Market is just a few minutes' walk away, while Shoreditch lies 12 minutes to the west and Victoria Park 15 minutes to the east.
The area is well-served by numerous bus routes to the City and Central London, and Hoxton Overground Station is within a 10-minute walk. In this increasingly popular part of East London, the surrounding area is undergoing continuous regeneration, attracting a growing number of creative companies and residents who are drawn to the vibrant neighborhoods of the City Fringe.
Terms
The property is held on a 999-year lease commencing 1 March 2018. The tenant in situ has entered into a 10-year lease from 11 November 2024 to 11 November 2034, with a tenant-only break option at the fifth anniversary. An upward only rent review is scheduled at the fifth anniversary of the lease.
Floor plans and tours
Floor plans (2)
2 floor plans available
View the floor plans to understand the space and layout of this property.
More information
Listed by
Fyfe Mcdade Commercial
View agent properties.png){kind=logo}
Property descriptions and related information displayed on this page are marketing materials provided by - Fyfe Mcdade Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Fyfe Mcdade Commercial for full details and further information.