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.
Image of house front
Image of house front
Image of house front
Image of house front
Property Features :
- Great Location
- Income aprx 4.8% with potential 6%
- aprx 1000 Sq st
- Advertising Board ( annual income )
- Business Not Affected