Shop let to tenant trading as Hackney Central Space (a beauty salon and yoga-lab)
Vibrant and popular North East London suburb located off Mare Street and close to Hackney Central Station
Includes two studio flats on first floor let on ASTs
Nearby occupiers include Primark,
Marks & Spencer, JD Sports, Boots the Chemist, Specsavers, McDonald's, Iceland and TK Maxx
Lot 15
Auction 12th February 2020
Rent £38,196 per Annum Exclusive
Status Withdrawn Prior
Price
Sector High Street Retail
Auction Venue The Montcalm Hotel 2 Wallenberg Place Marble Arch London W1H 7TN
On Behalf of Mortgagees in Possession
Property Information
Location
Miles
4 miles north-east of Central London
Roads
A10, A11, A12
Rail
Hackney Central (Overground Line)
Air
London City, London Stansted, London Heathrow
Situation
The popular and vibrant central London Borough of Hackney is located immediately north of the City of London with Hackney Central being 2.8 miles north of Bishopsgate. The property is situated on the northern side of Graham Road (A1207), close to its junction with Mare Street in central Hackney. The property forms a part of a small parade of shops which is predominantly occupied by independent operators offering a mix of cafes, hairdressers and convenience stores. Other nearby occupiers in the immediate area include Primark, Marks & Spencer, JD Sports, McDonald's, Boots the Chemist, Specsavers, Iceland and TK Maxx. Hackney Central London Overground Station is a short walk away and numerous bus routes operate on Graham Road.
Tenure
Freehold.
Location
Miles
4 miles north-east of Central London
Roads
A10, A11, A12
Rail
Hackney Central (Overground Line)
Air
London City, London Stansted, London Heathrow
Situation
The popular and vibrant central London Borough of Hackney is located immediately north of the City of London with Hackney Central being 2.8 miles north of Bishopsgate. The property is situated on the northern side of Graham Road (A1207), close to its junction with Mare Street in central Hackney. The property forms a part of a small parade of shops which is predominantly occupied by independent operators offering a mix of cafes, hairdressers and convenience stores. Other nearby occupiers in the immediate area include Primark, Marks & Spencer, JD Sports, McDonald's, Boots the Chemist, Specsavers, Iceland and TK Maxx. Hackney Central London Overground Station is a short walk away and numerous bus routes operate on Graham Road.
Tenure
Freehold.
Description
The property comprises a four storey building arranged as a ground and lower ground floor shop, in a mixed use, mid terrace building. The first floor comprises two self-contained studio flats. There is a third flat on the second floor, which has been let on a long lease.
VAT
VAT is not applicable to this lot.
EPC
Shop - Band E. See legal pack at acuitus.co.uk.
Description
The property comprises a four storey building arranged as a ground and lower ground floor shop, in a mixed use, mid terrace building. The first floor comprises two self-contained studio flats. There is a third flat on the second floor, which has been let on a long lease.
VAT
VAT is not applicable to this lot.
EPC
Shop - Band E. See legal pack at acuitus.co.uk.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Ground & Lower Ground
Retail/Ancillary
76.00 sq m
(818 sq ft)
PINK CRUST LIMITED & HELLA AMOATENG t/a Hackney Central Space (1)
9 years from 18/03/2010 (holding over)
£12,000
First
Studio Flat
23.00 sq m
(248 sq ft)
INDIVIDUAL
1 year AST at £1,000 pcm
£12,000
First
Studio Flat
16.00 sq m
(172 sq ft)
INDIVIDUAL
1 year AST at £1,183 pcm
£14,196
Second
Studio Flat
-
(-)
INDIVIDUAL
99 years from 24/06/1987
Peppercorn
Total
115.00 sq m
(1,238 sq ft)
£38,196
(1) www.hackneycentralspace.co.uk
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
