Property for sale in Mare Street London E8

Sale Price: £599,500

Mare Street London, E8 1HA

Property
-- Bed(s)
-- Bath(s)
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Street Address

Mare Street London, E8 1HA

Property description

Shop in a very prominent location in Hackney Mare Street. Shop is currently a dry cleaner with 9 years lease remaining. Current rent is 23,000pa but rent review is underway to increase it to £30,000 pa. Rent review is every five years. Ground rent from three residential flats that are sold on long lease is £750pa and income from advertisement board is £1000pa. Freehold is sold.
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Property Features :

  • Great Location
  • Income aprx 4.8% with potential 6%
  • aprx 1000 Sq st
  • Advertising Board ( annual income )
  • Business Not Affected
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