46 Cheshire St
604 SF Retail Condo Unit Offered at $646,672 CAD in London E2 6EH
INVESTMENT HIGHLIGHTS
- 1954 Landlord and Tenant Act: Excluded
- Break Date: 8th October 2029
- Annual Rent: £23,000
- Length: 8th October 2024 - 7th October 2034
- Guarantors: Two
EXECUTIVE SUMMARY
Freehold Commercial Investment – Prime East London Location An opportunity to acquire a freehold commercial investment, located just a 10-minute walk from Shoreditch High Street Station – one of East London's most vibrant and rapidly evolving areas. The property is let on a long-term lease to World of Echo - a music record store, offering a secure and stable rental income.
PROPERTY FACTS
| Price | $646,672 CAD |
| Unit Size | 604 SF |
| No. Units | 1 |
| Total Building Size | 645 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Sale Type | Investment |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 323 SF |
| Year Built | 1898 |
| Tenancy | Single |
1 UNIT AVAILABLE
Unit 1
| Unit Size | 604 SF |
| Price | $646,672 CAD |
| Price Per SF | $1,070.65 CAD |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Cap Rate | 6.57% |
| NOI | $42,495.57 CAD |
DESCRIPTION
Freehold Commercial Investment – Prime East London Location
An opportunity to acquire a freehold commercial investment, located just a 10-minute walk from Shoreditch High Street Station – one of East London's most vibrant and rapidly evolving areas.
The property is let on a long-term lease to World of Echo - a music record store, offering a secure and stable rental income.
Floorplan
AMENITIES
- Security System
- Automatic Blinds
- Storage Space
NEARBY MAJOR RETAILERS
