Property for sale
Property description & features
- Tenure: Leasehold
Both units are located in a prominent position at the junction of Dalston Lane and Pembury Road. They sit on the main road amongst a popular parade of local shops in a predominantly residential area.
Number 85 measures 764sqft (GIA) let to a Chinese restaurant t/a Noodle Xpress on a 15-year lease from 25 December 2012 at £25,000 per annum. Number 89 measures 614sqft (GIA) let to a convenience store t/a Wine Centre on a 12-year lease from 12 December 2022 at £25,000 per annum. Each unit comes with the benefit of a 250-year lease starting from 30th June 2023.
The combined rental of £50,000 per annum offers an attractive 7.69% yield.
Hackney Down and Hackney Central station are conveniently situated within a 2-minute walk and provide links to the city, north, east and west London. Mare Street and Kingsland road, with their array of shops, eateries, street markets, bars and nightclubs are all within a short walking distance.
The property will likely appeal to local and regional investors.
Inviting offers of £590,00 for the long leasehold interest.
Viewings are strictly on an appointment basis only.
Property information from this agent
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Broadband availability and predicted speed: obtained from Ofcom on February 23, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
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Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on February 23, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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