63-65 Princelet Street, London, E1 5LP Spitalfields

Brochure

Size: 4,903 sq ft
Price: £1,734,000

DESCRIPTION

The available accommodation consists of a parade of five tenanted Class E units located on the ground floor of a mixed-use development.
It offers excellent transport connectivity and is surrounded by fantastic occupiers in the area, including the Truman Brewery Market, Old Spitalfields Market, Flat Iron, and many more. This multi-tenanted asset generates a combined rental income of £117,500 per annum. With an asking price of £1,734,000, the purchase reflects a net initial yield (N.I.Y) of 6.32%.

Features

Good Transport Links
Net Yield: 6.38%
Multi Tenanted

Location

The property is situated on the Northern side of Princelet Street, near its intersection with Wilkes Street and the bustling Brick Lane. It is in close proximity to the thriving Spitalfields Market, with its fashionable shops and dining establishments. The property is also within a brief walking distance from Shoreditch High Street Station, offering convenient access to the Overground line, as well as Liverpool Street Station, a major transportation hub offering connections on the Elizabeth Line, Overground, Stansted Express rail lines, and the Metropolitan, Circle, and Hammersmith & City
Underground lines.