63-65 Princelet St 4,903 SF 100% Leased Retail Building London E1 5LP £1,734,000 (£353.66/SF) 6.38% Net Initial Yield

INVESTMENT HIGHLIGHTS

  • Heavy foot traffic
  • Attractive artistic features
  • Excellent transport links

EXECUTIVE SUMMARY

Comprising a retail parade of 5x shop units, well-located in the heart of Shoreditch. These 5 units are fully leased, and the sale price is £1,734,000.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Storefront Retail/Residential
Building Size
4,903 SF
Building Class
B
Year Built
1960
Price
£1,734,000
Price Per SF
£353.66
Net Initial Yield
6.38%
NOI
£110,629
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Frontage
87 ft on Princelet St

AMENITIES

  • Security System
  • EPC - C
  • Roller Shutters

NEARBY MAJOR RETAILERS

Morley's Fried Chicken
Ottolenghi
chaiiwala
The Real Greek
Nando's
itsu
Planet Organic
Hawksmoor Spitalfields Restaurant and Bar
ASDA
National Westminster Bank Plc
  • Listing ID: 33608009

  • Date on Market: 23/10/2024

  • Last Updated:

  • Address: 63-65 Princelet St, London E1 5LP