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Sainsbury’s Local, Hackney Road, Greater London

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Basic Facts

Status: Type: Tenure: Virtual Freehold (999 years) Gross Rent: £ 72,000
Lease Term: 15 years from Feb '13 VAT applicable: Yes

Property Description

  • A recently developed building providing a 4 storey propertywith a retail store on the ground floor and 8 flats above

Location Description

  • The premises are located on the southern side of the busy Hackney Road (A1208) within close proximity of Columbia Road.
  • The property is approximately 5 mins walk from Hoston Square (overground rail station) which provides regular services to Canada Water and access to the London Underground rail network in 10 mins.
  • The London Borough of Hackney has a population of 246,000 and is located on the northeast of Greater London. It is expected to undergo significant regeneration in the coming years.
  • The area offers an excellent demographic mix with local business and a large residential population in the immediate area.

Additional Notes

  • The property is held by way of a 999 year long leasehold interest subject to a peppercorn rent.

Tenancy & Accommodation Schedule

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