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46 Cheshire St 604 sq ft Retail Unit Offered at £350,000 in London E2 6EH
INVESTMENT HIGHLIGHTS
- 1954 Landlord and Tenant Act: Excluded
- Break Date: 8th October 2029
- Annual Rent: £23,000
- Length: 8th October 2024 - 7th October 2034
- Guarantors: Two
EXECUTIVE SUMMARY
Freehold Commercial Investment – Prime East London Location An opportunity to acquire a freehold commercial investment, located just a 10-minute walk from Shoreditch High Street Station – one of East London's most vibrant and rapidly evolving areas. The property is let on a long-term lease to World of Echo - a music record store, offering a secure and stable rental income.
PROPERTY FACTS Sale Pending
| Total Property Size | 645 sq ft | Floors | 2 |
| Property Type | Retail (Unit) | Typical Floor Size | 323 sq ft |
| Property Subtype | Shopfront Retail / Residential | Year Built | 1898 |
| Costar Property Class | B |
| Total Property Size | 645 sq ft |
| Property Type | Retail (Unit) |
| Property Subtype | Shopfront Retail / Residential |
| Costar Property Class | B |
| Floors | 2 |
| Typical Floor Size | 323 sq ft |
| Year Built | 1898 |
AMENITIES
- Security System
- Roller Shutters
- Storage Space
1 UNIT AVAILABLE
Unit 1
| Unit Size | 604 sq ft | Sale Type | Investment |
| Price | £350,000 | Tenure | Freehold |
| Price Per sq ft | £579.47 | Net Initial Yield | 6.57% |
| Unit Use | Retail | NOI | £23,000 |
| Unit Size | 604 sq ft |
| Price | £350,000 |
| Price Per sq ft | £579.47 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Net Initial Yield | 6.57% |
| NOI | £23,000 |
DESCRIPTION
Freehold Commercial Investment – Prime East London Location
An opportunity to acquire a freehold commercial investment, located just a 10-minute walk from Shoreditch High Street Station – one of East London's most vibrant and rapidly evolving areas.
The property is let on a long-term lease to World of Echo - a music record store, offering a secure and stable rental income.
Floorplan
NEARBY MAJOR RETAILERS
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46 Cheshire St
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