22/23 Holywell Row

At a glance

Key Points

• Four Storey Mixed-Use Freehold Building - Whole Building ERV £111,500 Per Annum
• Commercial Unit 1,382 sq ft - £66,500 PA income
• Residential 965 sq ft - Stunning Duplex Two Bedroom Flat Offered Across Second & Third Floors With Vacant Possession (ERV £3,750 PCM/£45,000 PA)
• Prominent Location - Surrounded By Coffee Shops, Restaurants & Food Markets
• Moments From Shoreditch High Street, Old Street & Liverpool Street Stations
• Commercial & Residential Spaces Are Self Contained With Separate Titles - Ownership Can Be Split If Desired

Description

A rare opportunity to acquire a contemporary mixed use freehold property in the heart of Shoreditch, arranged over ground, first, second and third floors with the benefit of a large first floor roof terrace and a balcony on the third floor. The original historic property was extended and redeveloped in 2008, designed by award winning Stephen Taylor Architects. Holywell Row is a quiet and private street close enough to sample the delights of Shoreditch.

No 22: Ground and First Floor Office- The commercial unit benefits from air conditioning on the ground floor and a fantastic 400 sq ft first floor rear private terrace. It also has a kitchen and shower room. Currently let to The Light Lab on a ten year, effective FRI lease, at a passing rent of £66,500 per annum with an expiry of 29th September 2034 (mutual break opportunity in September 2029). Light Lab have been in occupation there since 2014.

No 23: Second and Third Floor Residential - This well designed, light filled duplex flat has two double bedrooms, two bathrooms (one ensuite), separate WC and a large open plan living area with modern kitchen and stunning city views. There is also a private second floor balcony. It is offered with Vacant Possession and has an ERV of £3,750 per calendar month.

Both spaces are self contained, having separate front doors/postal addresses as well as utilities but with a communal stairwell. The property is ideal for residential owner occupiers seeking additional commercial income or an investor wanting a mixed use asset.

Available area

The accommodation comprises the following areas:

The Location

Benefiting from a prominent location, being situated within a short walk to Liverpool Street, Shoreditch High Street and Old Street stations. Liverpool Street Station provides extensive connections via the Elizabeth line, London Underground and National Rail connections. The Elizabeth line provides fast connections between Liverpool Street, Whitechapel, Canary Wharf, Stratford, Farringdon, Tottenham Court Road, Bond Street and Paddington, with services also extending towards Heathrow Airport.

The area is surrounded by a number of restaurants, bars and coffee shops and also two street food markets on Leonard Circus and Clifton Street.