Commercial Unit, 33-35 Cremer Street, Hackney, London, E2 8HD

Summary

Numbers 33 – 35 Cremer Street comprise a magnificent newly constructed building directly opposite Hoxton Overground Station, enjoying outstanding visibility and footfall.

The Freeholders have elected to sell this expansive Commercial unit arranged across Ground and Lower Ground floors on a new 999 year lease with a Share of Freehold to be transferred once the residential units have been sold. The property enjoys a vast and highly visible glazed frontage and has recently been let for £39,500 per annum revealing a superb G.I.Y of 7.9%. The space are broadly split evenly with a large showroom space to the Ground Floor level with further glazing to the side and a wide staircase leading to a vast open-plan basement level with exceptional ceiling heights. The property will be sold with the benefit of a warranty.

Key Points

Location

Cremer Street is at the very heart of trendy London living within easy walking distance of Kingsland Road and Hackney Road to the East, and the eclectic mix that is Shoreditch Triangle to the south. You are never far from a wealth of opportunities to drink, dine and indulge in this spectacular corner of Central London. Beyond the local action, you can make use of some exceptional public transport facilities with Hoxton Overground just a minute away, Old Street Underground Station (Northern Line) and Liverpool Street (Central Line) all well within walking distance of the development.

Forming part of a mixed use parade and adjoining the access to the highly active and renowned Hoxton Arches, the premises have close proximity to a number of established providers to include Puregym, 9round and Sainsburys.

Terms

Price: £500,000.
Rent: £39,500 Per Annum.

EPC: To Be Confirmed
Tenure: Leasehold – The property will be sold with a new 999 year lease and a Share of Freehold will be transferred upon the successful sale of the 4 residential units to the upper floors.