£4,100,000

Leisure/hospitality for sale

  1.  Batemans Row 16  Low Res 6.Jpg
  2.  Batemans Row 16  Low Res 5.Jpg
  3.  Batemans Row 16  Low Res 3.Jpg
Leasehold

Offers over

£4,100,000

(£403.11/sq. ft)

Leisure/hospitality for sale

Unit 3 - 1-6 Bateman's Row, Shoreditch, London EC2A

10,171 sq. ft

Local area information

Property location

Nearby amenities

  • St Monica's Roman Catholic Primary School 0.2 miles
  • Virginia Primary School 0.2 miles
  • Shoreditch High Street 0.2 miles
  • Old Street 0.4 miles

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

Read our area guides for Shoreditch, Spitalfields and Broadgate to find out more about the local area.

Features and description

  • Leasehold
  • Excellent Established Tenant
  • Shoreditch Triangle Location
  • Excellent Transport Connectivity
  • Good Natural Light
  • Gross Yield: 5.49%
Description

The available accommodation is a self contained large commercial unit spread across ground floor and basement levels in the mixed use development. It boasts prime Shoreditch location, a spacious shopfront and great transport connectivity. The asset is tenant for a further 5 more years to a gym operator, Nuffield Health (Reg No: 00576970). The current passing rent is £225,000 per annum. A purchase at the asking price of £4,100,000 will reflect a G.I.Y of 5.49%.

Location

This unit is located in one of London’s liveliest and most artistic neighbourhoods and is well-connected to the rest of the city via excellent transport links. It has various shops, bars, restaurants, and other amenities. Old Street (Northern Line), Shoreditch High Street (Overground Line), and Liverpool Street (Metropolitan, Hammersmith & City, Central, Circle, Elizabeth Underground Lines) stations are within easy walking distance.

Viewings

Strictly by appointment only.

Terms

Long Leasehold - 125 years from 2013 (114 years remaining)

Tenancy Details

Passing Rent: £225,000 per annum
Lease Expiry Date: 17th June 2029
lta 1954: Inside the Act
No break clause and no further rent reviews

More information

Report this listing

Property descriptions and related information displayed on this page are marketing materials provided by - Tarn & Tarn. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Tarn & Tarn for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. London
  4. Central London
  5. Clerkenwell
  6. Bateman's Row