Summary - 8 HACKNEY ROAD LONDON E2 7NS
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Prime Shoreditch location with high footfall
- Currently leased to established dessert operator, Crumbkie Ltd
- 999-year lease with FRI lease from 2025
- Income potential of £25,000 per annum
- Surrounded by boutique retailers, cafes, and nightlife
**Concerns:**
- High crime rate in the area
- Renovation needed for shop interior
- High service charge of £1,734.03 annually
This exceptional retail property located on Hackney Road represents a unique investment opportunity in the vibrant heart of Shoreditch. Featuring a prime storefront with historical Victorian architecture, this unit is currently leased to Crumbkie Ltd, ensuring an immediate and stable income. With its 999-year lease and strong rental yield of £25,000 per annum, the potential for growth is significant—especially with an open market rent review at year three.
Although the area is marked by high crime rates and the property requires some interior renovation, it boasts excellent visibility and foot traffic, making it suitable for various retail ventures. Local amenities such as trendy cafes, shops, and nightlife further enhance the appeal, catering to a cosmopolitan clientele. Nearby, families will appreciate the top-rated schools, providing a balanced demographic for potential future business. Don't miss this chance to capitalize on the thriving commerce of Shoreditch—properties like this won't last long on the market!
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