Lot 29
213 City Road
Shoreditch, London, EC1V 1JN
Withdrawn Prior to Auction.
A Well Located Commercial and Residential Investment Producing £69,236 per annum.
Description
Tenure
Freehold
Location
New City Road is an established parade situated between Old Street and Shoreditch. Nearby occupiers include William Hill and Moorfields Eye Hospital. Transport links are provided by Old Street underground station (Northern line) and Old Street rail station.
Description (2nd Column)
The property comprises a shop over basement and ground floors along with a first & second floor four bedroom maisonette above situated within a mid terrace building arranged over basement, ground and two upper floors. The flat benefits from its own private entrance.
Viewing Details
Tuesday 2nd September 10:00-10:30
Tuesday 9th September 10:00-10:30
Thursday 11th September 10:00-10:30
Monday 15th September 10:00-10:30
Tuesday 9th September 10:00-10:30
Thursday 11th September 10:00-10:30
Monday 15th September 10:00-10:30
Accommodation & Tenancy Schedule
| Floor | Accommodation | Lessee | Lease Term | Current Annual Rent | Notes |
|---|---|---|---|---|---|
| Ground Basement |
Shop Area (590 sq ft approx.) Kitchen, WC & wash basin |
Victorstone Estate Agents | 25 year FRI lease from June 2014 expiring in June 2037 | £35,000 | Reviews every 5 years |
| First & Second Floor | Four Bedroom Accommodation | Private tenants | 5 Year HMO Licence Expiring February 2017 | £34,236 | Benefits from B1 Use |
Additional Fees
Administration charge: £1,200 including VAT unless otherwise stated in the addendum.
Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.
View Details as PDFEnquire NowRegister to Bid
For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk
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