£430,000

Office for sale

  1.  Oakwood House U1 - Low Res 14.Jpg
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Leasehold

Offers in region of

£430,000

(£279.36/sq. ft)

Office for sale

Unit 1 Oakwood House, 414-422 Hackney Road, Cambridge Heath, London E2

1,539 sq. ft

Local area information

Property location

Nearby amenities

  • Oaklands School 0.2 miles
  • City of London Academy, Shoreditch Park 0.2 miles
  • Cambridge Heath 0.2 miles
  • Bethnal Green 0.4 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guides for Bethnal Green, London Fields and Haggerston to find out more about the local area.

Features and description

  • Leasehold
  • Self Contained
  • Passing Rental Income: £17,000 pax
  • Good Ceiling Height
  • Ground Rent: Peppercorn
  • Good Transport Links
  • Estimated Rates Payable: £5508
Description

A rare opportunity to acquire a self-contained E Class commercial unit within the Oakwood House development. Generating £17,000 per annum from an established tenancy, the property offers immediate, secure income from day one. With strong transport connectivity supporting long-term occupier demand and a 250-year long leasehold, this is an ideal low-management addition to any investment portfolio.

Location

This property is located on the north side of Hackney Road, near the junction with Cambridge Heath Road. The street has become increasingly popular among young and trendy locals, thanks to the recent addition of new art galleries and fashion retailers. Moreover, the area offers convenient access to London Transport bus and train services, with the nearest Overground station being Cambridge Heath. Positioned only a short walk to the south-east from Broadway Market, the site boats fantastic exposure to vehicles and pedestrians

Viewings

Strictly by appointment only

Terms

Long Leasehold of 250 years from 2012 - 236 Years Unexpired

Tenancy Details

Business Name: Hand of God ltd
Passing Rent: £17,000 per annum
Rental Deposit; £4,250
Lease length: 5 years outside the act from 2023 (Expires on 31st May 2028)

More information

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  1. Zoopla
  2. Commercial for sale
  3. London
  4. East London
  5. Shoreditch
  6. Hackney Road