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63-65 Princelet Street, Spitalfields, London, E1 5LP

Offers in Excess of
£1,734,000

£353.66 per sq ft

Business rates & charges may apply

TARN AND TARN LIMITED, London
SIZE AVAILABLE

4,903 sq ft

456 sq m

SECTOR

High street retail property for sale

Key features

  • Good Transport Links
  • Net Yield: 6.38%
  • Multi Tenanted

Description

Description
The available accommodation consists of a parade of five tenanted Class E units located on the ground floor of a mixed-use development.
It offers excellent transport connectivity and is surrounded by fantastic occupiers in the area, including the Truman Brewery Market, Old Spitalfields Market, Flat Iron, and many more. This multi-tenanted asset generates a combined rental income of £117,500 per annum. With an asking price of £1,734,000, the purchase reflects a net initial yield (N.I.Y) of 6.32%.

Location
The property is situated on the Northern side of Princelet Street, near its intersection with Wilkes Street and the bustling Brick Lane. It is in close proximity to the thriving Spitalfields Market, with its fashionable shops and dining establishments. The property is also within a brief walking distance from Shoreditch High Street Station, offering convenient access to the Overground line, as well as Liverpool Street Station, a major transportation hub offering connections on the Elizabeth Line, Overground, Stansted Express rail lines, and the Metropolitan, Circle, and Hammersmith & City
Underground lines.

Viewings
Strictly by appointment only.

Terms
Long Leasehold - 125 years from 2004 at peppercorn. (105 years remaining)

Brochures

63-65 Princelet Street, Spitalfields, London, E1 5LP

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Aldgate East Station0.3 miles
  • Shoreditch High Street Station0.3 miles
  • Whitechapel Station0.4 miles

About TARN AND TARN LIMITED, London

53 Commercial Street, London, E1 6BD

Notes

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Disclaimer - Property reference 271367-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by TARN AND TARN LIMITED, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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