An opportunity to purchase two adjoining ground floor shops on Amhurst Road, Hackney E8. Both units are self-contained.
Number 85 measures 764 sq ft (GIA) let to a Chinese restaurant t/a Noodle Xpress on a 15-year lease from 25 December 2012 at £25,000 per annum.
Number 89 measures 614 sq ft (GIA) let to a convenience store t/a Wine Centre on a 12-year lease from 12 December 2022 at £25,000 per annum.
Each unit comes with the benefit of a 250-year lease starting from 30th June 2023.
The combined rental of £50,000 per annum offers an attractive 7.69% yield.
Location
Both units are located in a prominent position at the junction of Dalston Lane and Pembury Road. They sit on the main road amongst a popular parade of local shops in a predominantly residential area.
Hackney Down and Hackney Central station are conveniently situated within a 2-minute walk and provide links to the city, north, east and west London. Mare Street and Kingsland road, with their array of shops, eateries, street markets, bars and nightclubs are all within a short walking distance.
Accommodation
Number 85 - 764 sq ft (GIA)
Number 89 - 614 sq ft (GIA)
Total - 1,378 sq ft
Terms
Tenure - Freehold
Price - £650,000
Rateable Value - £8,000
EPC - C