Property photos
Guide price
£525,000
(£720.16/sq. ft)
Retail premises for sale
Stoke Newington Church Street, London N16729 sq. ft
Local area information
Property location
Nearby amenities
- William Patten Primary School 0 miles
- Stoke Newington 0.2 miles
- Tawhid Boys School, Tawhid Educational Trust 0.3 miles
- Rectory Road 0.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for South Hackney, Stoke Newington and Stamford Hill to find out more about the local area.
Features and description
Location
The unit is located on Stoke Newington Church Street, opposite the junction with Wilmer Place. The local area is predominantly residential and benefits from a good number of boutique and national operators on the street.
Neaby occupiers include Foxtons, Whole Foods Market, Mind and Pret A Manger.
Description
The unit is arranged over ground floor and basement, occupying an end of terrace position.
Tenure
Freehold.
The residential upper parts have been sold off on a long leasehold from January 2014, at a ground rent of £250 per annum. This doubles every 25 years.
Price
Offers in the region of £525,000, which represents a Net Initial Yield of 6.86%, after deducting purchaser’s costs.
Building Type
Class E use
VAT
The premises are not elected for VAT
Tenancy info
Address - 31 Stoke Newington Church Street
Tenant - The Air Ambulance Service Trading Limited
Use - Class E
Size - 356 sq ft ground floor, 373 sq ft basement
Lease start - 25/10/2013
Lease end - 24/10/2028
Review pattern - 5 yearly
Rent - £37,500 pax
Comments - There is a photographic schedule of condition.
The residential tenant above pays a ground rent of £250 per annum.
The unit is located on Stoke Newington Church Street, opposite the junction with Wilmer Place. The local area is predominantly residential and benefits from a good number of boutique and national operators on the street.
Neaby occupiers include Foxtons, Whole Foods Market, Mind and Pret A Manger.
Description
The unit is arranged over ground floor and basement, occupying an end of terrace position.
Tenure
Freehold.
The residential upper parts have been sold off on a long leasehold from January 2014, at a ground rent of £250 per annum. This doubles every 25 years.
Price
Offers in the region of £525,000, which represents a Net Initial Yield of 6.86%, after deducting purchaser’s costs.
Building Type
Class E use
VAT
The premises are not elected for VAT
Tenancy info
Address - 31 Stoke Newington Church Street
Tenant - The Air Ambulance Service Trading Limited
Use - Class E
Size - 356 sq ft ground floor, 373 sq ft basement
Lease start - 25/10/2013
Lease end - 24/10/2028
Review pattern - 5 yearly
Rent - £37,500 pax
Comments - There is a photographic schedule of condition.
The residential tenant above pays a ground rent of £250 per annum.
More information
Listed by
Assembly Commercial Real Estate
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