Commercial property for sale in London, England

Description The available asset is a self-contained retail premises spanning the ground floor and basement levels of a mixed-use building in the vibrant London Fields area. The property benefits from good natural light, strong transport connectivity, and high footfall, making it an attractive location for businesses. The lease for the property has recently been renewed with an established nail salon operator who has been a tenant for over a decade. The new lease term extends for a further 15 years and is outside the Landlord and Tenant Act 1954. The property secures a passing rent of £30,000 per annum. Location The property is situated in a prominent position of Mare Street, benefiting from excellent transport links. London Fields Overground station is a short two-hundred-meter walk away, offering regular 10-minute journeys to Liverpool Street. Additionally, Hackney Central Overground Station is within walking distance, granting easy access to various London Underground Stations. Notably, Highbury & Islington is a quick 7-minute train ride West from Hackney Central, while Stratford lies just 13 minutes to the East. Viewings Strictly by appointment only. Terms Long Leasehold - 999 Year Lease (aka. Virtual Freehold) VAT Not Applicable Tenancy Details Nature of the business: Established Nail and Beauty Operator Lease: 15 Year Lease Outside the Act 1954 - Renewal Passing Rent: £30,000 per annum Ground Rent Peppercorn

Commercial property for sale in London, England

Retail property (high street) for sale

Description

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