Current Instructions

Residential Investment

Old Street, Shoreditch, London EC1V

Available
DESCRIPTION
  • A rare opportunity to acquire an income producing mixed-use investment opportunity in the heart of Shoreditch.
  • The property is ideally situated 5 minutes walk from Old Street Station (Northern Line).
  • Comprises a commercial unit and 4 x 2 bedroom flats arranged over basement, ground, first, second, third and fourth floors, benefitting from a high specification throughout.
  • The commercial unit is trading as a hair salon and let from 1st December 2009 until 20th November 2029 at a passing rent of £50,000 per annum.
  • Measuring 3,690 sq ft NIA.
  • The property is fully let producing a current passing rent of £171,800 per annum.
  • 3 out of the 4 flats benefit from a private amenity space.
  • Freehold.
PROPOSAL

Guide Price : £2,400,000
subject to contract

GROSS YIELD

7.15%

CAPITAL VALUE

£650 psf

Income producing mixed-use investment opportunity in prime Shoreditch
Key features
5 minutes walk from Old Street Station
Commercial unit and 4 x 2 bedroom flats
Fully let, producing £171,800 per annum
Freehold
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