£75,000

Retail premises for sale
Hoxton Square, London N1

  • Available immediately
  • Leasehold

B&K Estates

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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

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