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House For Sale £925,000
128 Kingsland Road, Hoxton, London E2
previous price £950,000


Description
Guide Price = £950,000+

**For Sale By Public Auction 6th May 2021 12:00 pm. To inspect the legal documents for this property go to our website to download the legal pack**

A Commercial and Residential Investment Producing £48,340 Per Annum

Tenure
Freehold

Location
The property is situated in the popular area of Hoxton among the local shops and amenities of the Kingsland Road. The open spaces of Shoreditch Park are within easy reach. Transport links are provided by Hoxton overground station (0.2 miles).

Description
The property comprises a mid terrace building arranged to provide a ground floor shop with a basement and a five bedroom licensed HMO on the first, second and third floors.

Accommodation & Tenancy Schedule
PropertyFloorAccommodationTenancy DetailsCurrent Rent128Basement & GroundShopa AreaLet on a 16 Year Fri Lease from 2007£14,140 pa128AFirst, Second & ThirdFive Bedrooms, Kitchen, Two BathroomsLet on Five Individual AST's£34,200
Current Rent Reserved £48,340 per annum

Note
We have been advised by the vendor that the HMO was previously producing £49,980 per annum for several years however, the rent was lowered to help the tenants during lockdown. The shop tenant has also expressed their interest in extending their lease.

Viewing Appointments Confirmed:

Follow the link for more information:
        
zoopla.co.uk

  
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