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Lot 5 - LONG LEASEHOLD COMMERCIAL INVESTMENT PRODUCING £25,000 P.A.

194 Pitfield Street, Hoxton, London, N1 6JP

Guide Price £250,000 PLUS *
Thu Oct 29 2026
12:00pm
To be auctioned in :
  • 16
    Days
  • 5
    Hours
  • 2
    Mins
  • 45
    Secs

Property Description

A ground floor retail investment in N1 currently let to a convenience store located within a popular/fashionable mixed commercial and residential area, a short distance from the junction with Old Street, about ½ mile from Old Street station (Northern line and mainline), close to Hoxton and the A501 City Road.

A Long Leasehold interest of 250 years from One Housing, granted 17/01/2012 at a peppercorn.

(Based on VOA)

Ground Floor: 767 sq ft (71.2 sq m)

Occupied on a 20-year lease, inside the Landlord & Tenant Act 1954 Part II, from 17/01/2012 at £25,000 per annum exclusive.

PRODUCING £25,000 p.a.

Contact: Stuart Mackay / Jon Morell
07928 456 982 / 07957 454 987
stuart.mackay@strettons.co.uk / jon.morell@strettons.co.uk

* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #16] Note that in addition to the purchase price there is a buyer’s administration fee [section #11] and there may be additional non-optional fixed or variable fees and costs [section #12]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.

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194 Pitfield Street, Hoxton, London, N1 6JP

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