Unit 3 - 1-6 Bateman's Row
Shoreditch, London, EC2A 3HHThe Space
Long Leasehold Income-Producing Leisure Investment
At a glance
| Property Type | Other |
| Tenure | For Sale |
| Size | 10,171 sq ft |
| Price | Offers in excess of £4,100,000 |
| Business Rates | Upon Enquiry |
| Energy Performance Rating | Upon enquiry |
Shoreditch High Street
5 mins
Old Street
8 mins
Hoxton
9 mins
Liverpool Street
10 mins
Shoreditch High Street
3 mins
Old Street
7 mins
Hoxton
8 mins
Liverpool Street
11 mins
Key Points
- Excellent Established Tenant
- Shoreditch Triangle Location
- Excellent Transport Connectivity
- Good Natural Light
- Gross Yield: 5.49%
Description
The available accommodation is a self contained large commercial unit spread across ground floor and basement levels in the mixed use development. It boasts prime Shoreditch location, a spacious shopfront and great transport connectivity. The asset is tenant for a further 5 more years to a gym operator, Nuffield Health (Reg No: 00576970). The current passing rent is £225,000 per annum. A purchase at the asking price of £4,100,000 will reflect a G.I.Y of 5.49%.
Available area
The accommodation comprises the following areas:
| Name | sq ft | sq m | Availability |
|---|---|---|---|
| Unit - GF & BSMT | 10,171 | 944.92 | Available |
| Total | 10,171 | 944.92 |
The Location
This unit is located in one of London’s liveliest and most artistic neighbourhoods and is well-connected to the rest of the city via excellent transport links. It has various shops, bars, restaurants, and other amenities. Old Street (Northern Line), Shoreditch High Street (Overground Line), and Liverpool Street (Metropolitan, Hammersmith & City, Central, Circle, Elizabeth Underground Lines) stations are within easy walking distance.
Viewings
Strictly by appointment only.
Terms
Long Leasehold - 125 years from 2013 (114 years remaining)
Tenancy Details
Passing Rent: £225,000 per annum
Lease Expiry Date: 17th June 2029
LTA 1954: Inside the Act
No break clause and no further rent reviews