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MapRetail property (high street) for sale
33 Broadway Market, London, E8 4PH
Retail property (high street)
720
Features and description
- Virtual Freehold
- Produced Income of £48,000 pa
- 6% Yield
- Broadway Market
- Shop for Sale
- Ground Floor & Basement
- Tenant in Situ
- VAT not applicable
- High Spec Fit out
A prime virtual freehold investment in Broadway Market, Hackney, comprising a ground-floor and basement retail unit let to % Arabica at £48,000 per annum.
% Arabica is a globally renowned specialty coffee brand with 218+ locations worldwide, including thriving London spots in Covent Garden, Broadway Market, and Spitalfields. Known for its high-quality coffee and strong customer following, the business is well-established and expanding. With a solid reputation and a long-term lease contract in place, this investment offers stability in one of East London’s most sought-after locations.
The shop is located at Broadway Market in London Fields and is a lively street known for its weekend market, independent shops, cafes, and restaurants. A popular spot for locals and visitors, it offers artisan food, vintage fashion, and a creative community vibe, making it a prime location for businesses and investment.
The existing lease runs until 24.06.26, after which a new 10-year lease will commence, running until 24.06.36, with rent reviews scheduled for 24.06.26 and 24.06.31, and a break option on 24.06.31.
% Arabica is a globally renowned specialty coffee brand with 218+ locations worldwide, including thriving London spots in Covent Garden, Broadway Market, and Spitalfields. Known for its high-quality coffee and strong customer following, the business is well-established and expanding. With a solid reputation and a long-term lease contract in place, this investment offers stability in one of East London’s most sought-after locations.
The shop is located at Broadway Market in London Fields and is a lively street known for its weekend market, independent shops, cafes, and restaurants. A popular spot for locals and visitors, it offers artisan food, vintage fashion, and a creative community vibe, making it a prime location for businesses and investment.
The existing lease runs until 24.06.26, after which a new 10-year lease will commence, running until 24.06.36, with rent reviews scheduled for 24.06.26 and 24.06.31, and a break option on 24.06.31.
Property information from this agent
About this agent
Fyfe Mcdade was established in 2007 by Carl Schmid and Ray Smith who, after several years of working in various sectors of the property industry, decided to create an estate agency with a difference. The company name is derived from their mother’s maiden names, Fyfe & Mcdade. They had a vision of a professional estate agency, but one staffed by down to earth, friendly, like-minded people who would dispel the stereotype of the shiny suited, clipboard carrying, aggressive sales people that many people expect to encounter. Staff were instructed to always act in the best interests of their clients, but also to focus on customer service and try to develop long lasting relationships with everyone they were dealing with, be they landlord, vendor, tenant, purchaser, developer, solicitor, lender or surveyor.