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1 Cheshire St

310 SF Retail Building London E2 6ED $2,067,358 ($6,669/SF)

Investment Highlights

  • Highly visible street frontage
  • Just off of Brick Lane - a vibrant and diverse hub for art and cuisine
  • Excellent local bus routes
  • Desirable ground floor retail space
  • Several train stations are within walking distance

Executive Summary

1 Cheshire Street offers a highly unique and rarely available opportunity to acquire an unbroken freehold on the junction with Brick Lane. The subject property is arranged across five levels and consists of a 4-bedroom, triplex flat, a supremely positioned ground level Retail; and an unmodernised basement. There is currently a tenant in the ground floor who has become a renowned vintage clothing hotspot. The upper floors and basement will be provided with vacant possession on completion of the necessary legal formalities.
There is notable scope for a reconfiguration/renovation of the upper floors and for an increase in the income of the ground level (subject to negotiation) – further details are available on request.
Brick Lane is a vibrant and diverse area in East London, known for its lively atmosphere, cultural diversity, and unique character. It has a rich history of immigration, with different waves of communities settling in the area over time, contributing to its unique mix of cultures and traditions. The street is famous for its street art (including the appearance of a Banksy artwork opposite this property), vintage shops, and eclectic food scene, featuring a range of international cuisines, including Bangladeshi, Indian, Turkish, and more. It's a popular destination for locals and tourists alike, offering a vibrant and inclusive experience for all.
Brick Lane is well connected to the rest of London by public transport. There are several options for getting around, including buses, the London Underground, Overground trains, and the Docklands Light Railway (DLR). The nearest Underground stations to Brick Lane are Shoreditch High Street (Overground) Aldgate East (District and Hammersmith & City) and Liverpool Street station, which is served by multiple Underground lines, as well as national rail services. There are also several bus routes that pass through or near Brick Lane, including the 8, 26, 35, 47, and 149. These provide connections to other parts of East London, The City, Islington & further through to the West End.

Attachments

Brochure

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
310 SF
Building Class
B
Year Built
1910
Price
$2,067,358
Price Per SF
$6,669
Tenancy
Single
Building Height
4 Stories
Building FAR
0.03
Lot Size
0.23 AC
Frontage
17 FT on Cheshire St

Nearby Major Retailers

Pret A Manger
Favorite
chaiiwala
Nando's
Barclays
Pure Gym
Sainsbury's
Morley's Fried Chicken
The Co-operative Food
Amazon Go
  • Listing ID: 34282791

  • Date on Market: 12/24/2024

  • Last Updated:

  • Address: 1 Cheshire St, London E2 6ED

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