icons_size_white icons_size
menu

Agent's details

Discounted mixed-use investment opportunity with asset management and development potential

For sale: POA|Flat, General Retail, Trade Counter, Office, Mixed Use, Residential, Retail, Offices, Other Property Types & Opportunities

Property details

FOR SALEPOA
ADDRESSHOXTON N1
TYPEFlat, General Retail, Trade Counter, Office, Mixed Use, Residential, Retail, Offices, Other Property Types & Opportunities
TENUREDevelopment Opportunity, Investment Opportunity, For Sale Freehold
POSTED ON31st May 2024

Description

A freehold discounted investment opportunity for 9 x apartments and ground floor commercial in Hoxton.

The property offers excellent connectivity being less than a 10 minute walk to both Old Street and Hoxton Stations. Multiple bus routes also service the immediate area.

Apartment Mix: 2 x studios, 1 x 1 bed, 3 x 2 beds, 2 x 3 beds, 1 x 4 bed.

The apartments are fully let on ASTs generating £356,700pa.

All apartments benefit from private balconies together with a large communal area across the first floor.

4,250sqft + Ground floor (shell and core) commercial offering potential for conversion to residential or asset management subject to the necessary consents.

Commercial ERV: £107,000pa.

No VAT.

Freehold subject to existing ASTs.

Asking price: £6,000,000 unconditionally.

Location

marker
Location: HOXTON N1

Old Street (0.6 miles)

Angel (0.9 miles)

Shoreditch (1.0 miles)

Old Street (0.6 miles)

Essex Road (0.7 miles)

Barbican (1.0 miles)

close
What do you think of our website?
Complete our survey and
you could win £1000
Start here