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Kingsland Road Hoxton London E2

Prime Freehold Mixed-Use Investment
  • The property is situated within a 2-minute walk to Hoxton Overground Station.
  • The property has recently undergone an extensive refurbishment finished to a very high standard.
  • The property is arranged over lower ground, ground and three upper floors consisting of a retail unit and 3 x 1-bedroom apartments.
  • Total Area – 2,716 Sq Ft.
  • The retail unit is let for £45,000 per annum on a new 5 year lease.
  • The residential apartments are fully let on ASTs. Producing £90,600 per annum.
  • Total Rent - £135,600 per annum.
  • Freehold.

PROPOSAL

Guide price of £1,900,000 (One Million and Nine Hundred Thousand Pounds)subject to contract. A sale at this level would reflect a 7.1% Gross Initial Yield.

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