The Shoe Factory

Prices from £500,000

7 exquisite warehouse conversion apartments in the original Clarks Shoe Factory in Hackney, 9 minutes from the city of London.  Luxury living amid a palette of raw textures, semi-industrial undertones and sleek contemporary elegance.  Six apartments are tenanted and achieving rents between £2,250 – £3,150.

The apartments retain the original warehouse detailing; wall-to-wall Crittall windows, exposed brickwork and Burlington bathroom fittings.

Opportunity to buy individual apartments or all 7 for a discounted rate.

UNIT LEASE FROM LEASE TO RENTAL AMOUNT PCM RENTAL AMOUNT P/A Price 
5 Vacant Vacant £3,150.00 £37,800.00 £750,000.00
7 17-Oct-22 16-Oct-23 £2,450.00 £29,400.00 £600,000.00
9 7-Sep-21 6-Sep-23 £2,253.22 £27,038.64 £600,000.00
10 20-Aug-22 19-Aug-23 £2,000.00 £24,000.00 £500,000.00
11 15-Nov-22 14-Nov-23 £3,150.00 £37,800.00 £600,000.00
13 7-Aug-22 6-Aug-23 £2,250.00 £27,000.00 £600,000.00
15 30-Nov-22 29-Nov-23 £2,500.00 £30,000.00 £750,000.00
Lease Term 119 Years remaining £17,753.22 £213,038.64 £4,400,000.00
Sale Price £4,400,000.00
Total income £213,038.64
Gross Yield 4.84%

 

Landmarks within a 500 metre radius include:

London college of fashion

London Fields Train station

London Fields Parklands and Lido

Regents Canal

Victoria Park

London fields Brewery

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