Retail premises for sale in 15 Great Eastern Street, Shoreditch, London EC2A, £875,000

875,000.00

Offer Nr.:
64149670
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Dominion
Phone(s):
020 8033 7365

* Leasehold
**Key Points**
* Self - contained retail space
* Frontage to Great Eastern Street
* Neighbouring unit also available
* Good natural light
* Great ceiling height
* Good footfall
**Description**
Prominent self - contained retail / office / showroom / Class E premises with
good frontage to Great Eastern Street and return frontage to Fairchild Place.
There is full - height glazing and a generous ceiling height to the ground floor
area. The basement provides ancillary office or storage space along with a
w/c. There is an existing spiral staircase at the front, there is an alternate
location if an incoming tenant wants to move the staircase to the rear. The
adjoining neighbouring unit is also still available, details available on
request.
**Location**
The premises are located on south side of Great Eastern Street near its
junction with Shoreditch High Street and Commercial Street, close to Liverpool
Street station and Spitalfields and on the southern edge of the vibrant
‘Shoreditch Triangle’. Old Street station and Shoreditch High Street station
are also very close. A plethora of retailers and restaurants are nearby
including Bishopsgate, Redchurch Street and BoxPark.
**Terms**
Rent: New effective Fri lease, quoting rent £57, 000 / annum exclusive.
Sale: Existing long - lease hold interest, quoting price £875, 000.
**Business Rates**
The rating will need to be split from the neighbouring property. We estimate
that the rateable value will be approximately £18, 000 based on the 2023
valuation, which would lead to rates payable April 2023 to March 2024 of
approximately £9, 000. Interested parties are advised to make their own
enquiries to the London Borough of Hackney.
**Service Charge**
Estimated at £2, 500 for the current year including contributions to buildings
insurance.

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