Under Offer
Kingsland Road, Dalston, London, E2
Commercial Property in Dalston
Guide Price £900,000
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KEY FEATURES
- For Sale - Unbroken Kingsland Road Mixed-Use Freehold on rarely available parade in an outstanding location in E2.
Description
In a prime location on Kingsland Road, this fantastic unbroken freehold is a diverse offering in an increasingly desirable East London locale. The ground floor commercial unit most recently traded as a nail bar, this area is presented well with high ceilings and an attractive shop front. Should the unit be put on the open market, it is anticipated that it would achieve an ERV of £17,500 per annum.
The remainder of the property is split into 3 self-contained one-bedroom flats each let on individual ASTs producing a current annual rent of £49,200 per annum. Combined this produces an attractive initial yield based on the ERV of the Commercial element at 7.41%.
Location
The property is extremely well connected being within moments of both Hoxton & Shoreditch High Street, each of which are well served by Overground facilities to all corners of London. In addition to this there are numerous bus routes leading directly through towards Liverpool Street & The City. The property enjoys PTAL ratings of 6b.
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