Stoke Newington High Street, N16
- PROPERTY TYPE
Retail Property (high street)
- SIZE
2,285 sq ft
212 sq m
Key features
- Freehold Opportunity
- 2285 sq. ft
- Ground Floor Commercial Premises
- Residential Ground Rents
- Commercial Space - Class E
- Excellent Position
Description
A rarely available opportunity to secure a Freehold building set in the heart of Stoke Newington. The property is arranged a a commercial unit over ground floor and basement, in addition to two upper floors comprising of two flats, both sold off and the sale of the freehold is with the benefit of 2x ground rents at 150 per annum each (300 per annum in total).
The commercial unit is currently advertised on the market with a rent of 49,995 (as of February 2024) and a permitted use Class E of the Town & Country Planning (Use Classes) order. The property is conveniently located on Stoke Newington High Street (A10) just south of the Stoke Newington Church Street junction and set amongst a well established collection of both independent retailers and well known brands such as Franco Manca, Pret-A-Manger & Costa Coffee.
Key Information - Property benefits from gas supply, 3 phase electricity supply, basement with full sound proofing and sump pump and fitted with both burglar and fire alarms.
GROUND FLOOR - 1397 SQ FT
BASEMENT - 888 SQ FT
TOTAL - 2285 SQ FT
GARDEN AREA - 561 SQ FT
Brochures
Stoke Newington High Street, N16BrochureStoke Newington High Street, N16
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Stoke Newington Station0.3 miles
- Rectory Road Station0.3 miles
- Clapton Station0.7 miles
About the agent
Michael Naik, London
57 Stoke Newington Church Street, London, N16 0AR
Founded in 1985, Michael Naik & Co is an independent Estate Agent in Stoke Newington and specialising in both Residential & Commercial property within N16 and all surrounding areas. A friendly, family run office on hand to offer advice on all aspects of property sales, rental and management with a wealth of both local and industry knowledge. So whether you are looking for a free market valuation of your home, or would like advise on other matters relating to your home.
Notes
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