600 Kingsland Road, London E8 4AH

Primary Photo of 600 Kingsland Road, London E8 4AH
Full address
600 Kingsland Road, London E8 4AH - Norditch, London
Contact details
Asking price
P.O.A.
Property type
Leisure property for sale
Features
Kitchen, Restaurant, Train transport
Tenure
Freehold

DEVELOPMENT OPPORTUNITY – PROMINENT CORNER RESTAURANT & RESIDENTIAL BUILDING FOR SALE
DEVELOPMENT OPPORTUNITY – PROMINENT CORNER RESTAURANT & RESIDENTIAL BUILDING FOR SALE
DEVELOPMENT OPPORTUNITY – PROMINENT CORNER RESTAURANT & RESIDENTIAL BUILDING FOR SALE
The property is situated in a prominent location on the corner of Kingsland Road and Dalston Lane immediately adjacent to the new Dalston Junction London Overground Station. The immediate area has undergone a major development of newly constructed residential and commercial buildings.  In addition Dalston Kingsland Rail Station is within a few minutes walk. Numerous bus routes also serve the area.
The building is arranged over basement, ground and three upper floors currently arranged as a ground floor restaurant with basement kitchen. The upper floors presently comprise  17 self- contained studio flats accessed via its own entrance on Kingsland Road. Each flat comprise studio room with kitchen, separate room/WC. The property may also suit development, subject to receipt of Planning Permission.
Let on a Full Repairing and insuring lease for a term of 20 years from October 2000, subject to 4 yearly rent reviews at a current rental of £75,000 per annum exclusive.
The flats are all currently let on assured shorthold tenancy agreements and produce an income of £238,572.60 per annum exclusive.
There is an advertising hoarding on the building that provides an income each time the space is sold which on average produces a further £8,000 per month.

This leisure property for sale is located in Norditch, London

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Underground 0.0m Dalston Junction
National rail 0.0m Dalston Junction
Nearest airport 10.1m London City

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