Summary - 10 HACKNEY ROAD LONDON E2 7NS
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Prime location in the heart of Shoreditch, a vibrant retail corridor
- 800 sq. ft. high-street commercial unit with Victorian shop front
- Long-term 999-year lease with a new 5-year Full Repairing and Insuring (FRI) lease from 2025
- Currently occupied by a bakery generating £30,000 annual income
- High footfall and excellent visibility on Hackney Road
- Recent tenant fit-out suitable for food and beverage use
**Potential Concerns:**
- High crime rate in the area
- Deprivation challenges within the community
- Service charge of £1,974.13 annually
- Open market rent review at Year 5 may impact rental income
Nestled at the foot of the Shoreditch Triangle, this prominent retail property offers a remarkable opportunity for investors looking to capitalize on a flourishing area. Spanning 800 sq. ft., this high-street unit boasts a striking Victorian façade, modern interior renovations, and high ceiling space, ideal for a food and beverage operation. Currently occupied by a reliable tenant, Facazz Ltd, this property not only provides immediate rental income but also positions itself in an area ripe for future capital appreciation.
Located in a dynamic district with a rich array of boutique retailers, cafés, and nightlife, your investment stands to benefit from the increasing desirability of this cosmopolitan environment. Potential buyers should note the area's high crime rate and the service charge when considering their investment. With a long lease and steady income, this retail unit is a tantalizing prospect for savvy investors eager to engage in Shoreditch’s vibrant market. Don’t miss out on this unique opportunity—such prized locations do not come along often!
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