Freehold mixed-use with income and renovated upper maisonette near major transport links.
Ground-floor retail let to Huckle Ltd until 30 June 2032, £50,000pa
A prominent mixed-use freehold on the Old Street junction, this Victorian corner building combines secure ground-floor income with attractive upper-floor living space. The retail unit is let to a high-end barber on a 15-year lease expiring 30 June 2032, producing £50,000 per year. The maisonette above (circa 1,393 sq ft) has been newly and carefully redecorated to a high standard, with exposed brick, original beams, sash windows and a spacious open-plan kitchen/sitting room; it will be sold with vacant possession.
This property suits investors seeking central London rental income with near-term asset management or owner-occupiers who want to live above a let commercial unit. The prominent corner shopfront and return frontage deliver excellent pedestrian visibility and strong town-centre presence, supporting continued trade or re-letting at market rates once the lease expires. The upper maisonette could be retained as a high-yield short-let, converted to conventional rental, or used for owner occupation to capture both lifestyle and income benefits.
Buyers should note conservation-area constraints for external changes and that no private garden or meaningful external amenity is provided. The local area is vibrant and well connected — Old Street and Shoreditch High Street stations are within a short walk — but the location also records very high local crime levels, which may affect tenant perception and insurance costs. Overall, this is a location-driven opportunity with immediate income and scope for value uplift through active asset management or re-letting strategies.
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