Income-producing freehold with retail covenant and residential income, prime Stoke Newington location..
Prime freehold mixed-use on Stoke Newington High Street
A rare prime freehold on Stoke Newington High Street comprising a large retail unit and four self-contained flats across basement, ground and two upper floors. The property produces a headline income of £231,199 pa, with the retail unit let to a strong national covenant and four AST-let residential units, making this an immediately income-producing investment.
The building extends to approximately 11,224 sq ft and offers a substantial roof terrace with uplift and extension potential subject to planning consent. Excellent local transport links (c.500m / six-minute walk to Stoke Newington Overground) and a busy parade of national and independent occupiers support strong footfall for the retail element.
Buyers should note material constraints: the retail lease has around 4.5 years unexpired, concentrating retail risk in a single tenant; the area records above-average crime and pockets of deprivation; and any rooftop or redevelopment work will require planning and survey confirmation. A measured survey and title review are recommended to confirm exact areas and scope for change of use or extension.
This freehold suits investors seeking immediate rental income with medium-term value-add potential through asset management or planning-led uplift. It also appeals to investors prepared to manage single-tenant retail exposure while benefiting from diversified residential income on-site.