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63-65 Princelet St

4,903 SF 100% Leased Retail Building London E1 5LP $2,146,730 ($438/SF) 6.38% Cap Rate

Investment Highlights

  • Heavy foot traffic
  • Attractive artistic features
  • Excellent transport links

Executive Summary

Comprising a retail parade of 5x shop units, well-located in the heart of Shoreditch. These 5 units are fully leased, and the sale price is £1,734,000.

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Storefront Retail/Residential
Building Size
4,903 SF
Building Class
B
Year Built
1960
Price
$2,146,730
Price Per SF
$438
Cap Rate
6.38%
NOI
$136,961
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Frontage
87 FT on Princelet St

Amenities

  • Security System
  • Energy Performance Rating - C
  • Automatic Blinds

Nearby Major Retailers

Morley's Fried Chicken
Ottolenghi
chaiiwala
The Real Greek
Nando's
itsu
Costa Coffee
Planet Organic
Hawksmoor Spitalfields Restaurant and Bar
ASDA
  • Listing ID: 33608009

  • Date on Market: 10/23/2024

  • Last Updated:

  • Address: 63-65 Princelet St, London E1 5LP

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