32 Chatsworth Road, E5

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Key Points

Summary

Long Leasehold retail investment

Description

This is an ideal opportunity to secure a long leasehold investment in one of the most desirable commercial and residential locations in Hackney.

The existing lease is £33,000 per annum exclusive, the current 15-year lease expires October 2030, with no rent deposit, no landlord or tenant break options, 3-year rent reviews (the current rent review, due October 2024, is outstanding and due for negotiation). The service charge and business rates (currently £8,483) are paid by the tenant. The annual ground rent of £400 per annum is payable by the long leaseholder. The sale is not subject to VAT.

The current tenant is Keatons Estate Agents Ltd ( https://www.keatons.com )

Location

32 Chatsworth Road is located in a highly desirable and diverse area. A range of local boutique shops trade in this popular location and a Co-Op supermarket is located in close proximity.

Chatsworth Road connects to Lea Bridge Road (A106) and Homerton High Street (B112). Homerton London Overground Station is within ten minutes' walk.

Viewings

By appointment with Stirling Ackroyd

Availability_text

The accommodation comprises the following areas: