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10 Hackney Rd 797 SF Retail Condo Unit Offered at $566,267 in London E2 7NS
INVESTMENT HIGHLIGHTS
- Let on a new 5-year Full Repairing and Insuring (FRI) lease from 2025
- Easy access for Overground Line and Northern Line
- only a few minutes' walk from both Hoxton & Shoreditch High Street Overground stations and Old Street Underground Station
EXECUTIVE SUMMARY
A prime investment opportunity in the heart of Shoreditch. This ground floor and basement commercial unit is occupied by Facazz Ltd, a bakery operator, trading under Class E use. The unit is positioned in a high-footfall area with excellent frontage on Hackney Road, a key retail and hospitality corridor. The property is well-presented and benefits from a recent tenant fit-out suitable for food and beverage use. The configuration includes trading space at ground level with ancillary and prep space in the basement. Positioned moments from Hoxton Station and Columbia Road, this is an ideal passive investment with potential for long-term capital appreciation in a regenerating area. This is an attractive hands-off investment with immediate rental income and strong covenant strength from an established food operator. The area is surrounded by Boutique Style Retailers, Coffee shops, Upmarket Restaurants, Bars & Nightclubs. Leasehold Details: 999 year lease Service Charge: £1,974.13 per annum VAT: Vat applicable Lease details: Tenancy: 10-year Full Repairing and Insuring lease (FRI), outside the LTA 1954 Income: £30,000 per annum exclusive. Rent Review: Open market rent review at Year 5 with 6 months' notice. Break Clause: Mutual break at the end of Year 5, with 6 months' notice.
PROPERTY FACTS
| Total Building Size | 800 SF | Typical Floor Size | 800 SF |
| Property Type | Retail (Condo) | Year Built | 1890 |
| Property Subtype | Storefront | Tenancy | Single |
| Building Class | B | Lot Size | 0.03 AC |
| Floors | 1 |
| Total Building Size | 800 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 800 SF |
| Year Built | 1890 |
| Tenancy | Single |
| Lot Size | 0.03 AC |
AMENITIES
- Security System
- Automatic Blinds
- Storage Space
1 UNIT AVAILABLE
Unit 10
| Unit Size | 797 SF | Condo Use | Retail |
| Price | $566,267 | Sale Type | Owner User |
| Price Per SF | $710.50 | Tenure | Long Leasehold |
| Unit Size | 797 SF |
| Price | $566,267 |
| Price Per SF | $710.50 |
| Condo Use | Retail |
| Sale Type | Owner User |
| Tenure | Long Leasehold |
DESCRIPTION
A prime investment opportunity in the heart of Shoreditch. This ground floor and basement commercial unit is occupied by Facazz Ltd, a bakery operator, trading under Class E use. The unit is positioned in a high-footfall area with excellent frontage on Hackney Road, a key retail and hospitality corr
SALE NOTES
Long Leasehold of 125 Years from 2011 (112 Years Unexpired)
+5 More
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NEARBY MAJOR RETAILERS
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10 Hackney Rd
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