9 - 15 Helmsley Place 9-15 Helmsley Place E8

9-15 Helmsley Place is an attractive mixed-use Investment For Sale within the London Borough of Hackney.

For Sale

9 - 15 Helmsley Place 9-15 Helmsley Place, E8

14,530 sq ft

£5,950,000.00

Description

Constructed in 2021, 9-15 Helmsley Place, is a mixed-use development located in the heart of London Fields, comprising both commercial and residential accommodation. The property is arranged over four storeys, with high specification Class E commercial accommodation on the ground, mezzanine and first floors benefitting from exposed services and up to 4.5m ceiling heights. There are eight luxury residential apartments across the second and third floors, all of which are held or have been sold on Long Leasehold interests. The commercial element is fully let to Bloodline Gym and Studio Nicholson producing a total rent of £417,716 per annum. Offers are invited at £5.95 million for the Freehold interest. This reflects a Net Initial Yield of 6.58% and a capital value of £409 per sq ft assuming purchaser’s costs of 6.62%.