£75,000
Retail premises for saleHoxton Square, London N1
About this property
Secure "Rent-Free" Investment Opportunity | Grade II Listed Building | Hoxton Square, N1
Premium: £90,000 (Full Business) | £75,000 (Lease, Fixtures & Fittings)
Financial Position: Self-financing property with approximately £1,000 annual surplus
This four-storey property represents an exceptionally rare opportunity in one of London"s most desirable locations. The first and second floors are let to stable, long-term tenants (in occupation for four years each), generating a combined rental income of £35,500 per annum.
Financial Structure
The total head rent is £34,500 per annum, fully covered by the £35,500 rental income from the upper floors. This results in a small annual surplus and allows the ground floor, basement, and private courtyard to be occupied and traded from entirely rent-free.
Lease Security and Heritage Protection
The lease benefits from statutory protection under the Landlord & Tenant Act 1954. While a new lease can be negotiated with the landlord, taking over the existing lease is strongly advantageous, as it preserves the statutory right to renew and remain in the premises long term.
The building is Grade II Listed, preventing demolition or major structural alteration. This removes the risk of eviction for redevelopment, a significant concern in the Shoreditch and Hoxton area.
The Premises
The ground floor provides prime retail space with a high-quality frontage and direct access to a private rear courtyard. The basement offers well-arranged storage or workspace, divided into two separate rooms.
At the £75,000 price point, all high-value fixtures and fittings are included, such as a full CCTV system and a professional alarm system. The upper floors continue to deliver reliable income from established tenants.
Prime Hoxton Square Location
Situated in the heart of London"s creative district, the property is surrounded by boutique hotels, renowned bars, and popular restaurants. Footfall is consistently strong, driven by local professionals, tourists, and the vibrant Shoreditch nightlife.
Key Benefits
Long-standing tenants in situ
Zero effective rent for the trading space
Strong security through statutory lease protection and Grade II listing
Turn-key setup with security systems included
Why Hoxton Square
Hoxton Square is widely regarded as a blue-chip retail location. With heavy daytime traffic from creative and tech industries and sustained evening trade from the nightlife economy, this property is ideally positioned for long-term, high-volume commercial success.
Location
Zoopla tools
Stamp duty calculator
Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news
This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.
Zoopla insights
Sign in and gain expert analysis to make informed decisions.
More information
Tenure
Leasehold (Ask agent)
Service charge
Council tax band
Council tax band not yet known
Ground rent
Ground rent date of next review
.png)