For Sale

25-27 Pitfield Street

25-27 Pitfield Street, Hoxton, London, N1 6HB

2,922 sq ft
Hoxton

The premises comprise a mixed-use building measuring a total of 2,922 sq. ft. arranged over 5 floors including both retail accommodation on the ground and basement floors and 3x self-contained residential flats on the 1st – 3rd Floors which are accessed via a separate entrance.

The property is located on the southwest side of Pitfield Street and is within short walking distance of Old Street Station (Northern Line). The new London art’otel Hoxton is situated 150m to the south with the immediate vicinity benefiting from an abundance of independent retailers, cafes and restaurants located in nearby Shoreditch and Hoxton.

INVESTMENT SUMMARY

- Mixed use 4 storey building accessed on Pitfield Street with Old Street, Shoreditch and Liverpool Street located close by.

- Retail units on the ground and basement floors, with 3x 1 bedroom self contained flats on the 1st – 3rd Floors.

- Ideal for developers and investors.

Freehold property
Mixed use 4 storey building accessed on Pitfield Street with Old Street, Shoreditch and Liverpool Street located close by
Retail units on the ground and basement floors, with 3x 1 bedroom self contained flats on the 1st – 3rd Floors
Ideal for developers and investors
Offers in Excess of £1.65m, subject to contract, for the benefit of the Freehold interest with the existing tenancies
Please note that this sale is subject to probate being granted

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Availability

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Floor
Size
Rent (per sq ft)
Business Rates (per sq ft)
Service Charge (per sq ft)
Total Cost Per Annum
Status
Part Ground Floor & Basement (25a)
904 sq ft
£17,000 per annum
£17,000 per annum
Available
Part Ground Floor Shop (25)
505 sq ft
£18,500 per annum
£18,500 per annum
Available
Flat A - 1 bedroom
511 sq ft
£1,473.33 pcm
£17,679.96 per annum
Available
Flat B - 1 bedroom
511 sq ft
£1,473.33 pcm
£17,679.96 per annum
Available
Flat C - 1 bedroom
491 sq ft
£1,731.54 pcm
£20,778.48 per annum
Available
Total
2,922 sq ft

Who to Contact

Carl has been a member of the Noble Harris team since 2017, specialising in commercial property lettings and investments across London, acting on behalf of both a range of Landlord and Occupier clients. Providing bespoke advice in all commercial property matters from leasehold acquisition, leasehold marketing, disposal & lease renewals to rent reviews, investment acquisitions, sales & asset management. Carl enjoys being the lynchpin that ensures each and every project progresses with momentum aligning the various moving parts along the way, with the goal of achieving client aspirations with great care.

Matthew heads up our Agency Division which specialises in advising Landlords and Occupiers in all aspects of commercial property negotiation. Specialising in central London offices Matthew has built up a wide range of long standing, Landlord and Occupier clients over 4 decades of operating in this exciting and ever changing market. Notable transactions conducted and overseen by Matthew include the acquisitions of over 180,000 sq ft for The Net-a-Porter Group in Westfield and White City, 40,000 sq ft HQ for Moonpig.com PhotoBox Group and the disposal of 90,000 sq ft at 1, Alie Street, Aldgate.