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Lot 21 - FREEHOLD RETAIL UNIT PRODUCING £50,000 PA AND VACANT FOUR BEDROOM FLAT

340 Old Street, London, EC1V 9DS

Guide Price £1,375,000 PLUS *
Thu Sep 11 2025
11:00am
To be auctioned in :
  • 16
    Days
  • 17
    Hours
  • 3
    Mins
  • 28
    Secs

Property Description

The property is located in the vibrant and fashionable location of Old Street (A5201) in Shoreditch, at the junction of Old Street and Charlotte Road. The area is well served by public transport with Old Street (Northern) Tube Line being 300m to the west and Shoreditch High Street (Overground) Line being 500m to the south east. The property can be reached via Shoreditch High Street (A10) and Old Street (A501). The property comprises a rarely available four storey freehold corner building, co

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Freehold

(Areas for guidance only)

The property comprises:

Ground Floor and Basement: Barbers retail area, Kitchenette, Staff Rest area, Toilet 807 Sq Ft (75 Sq M)

First Floor: Living Room and Kitchen
Second Floor: Two Bedrooms, Bathroom/Toilet
Third Floor: Two Bedrooms, Bathroom Toilet
Total:1,206 Sq Ft (112 Sq M)

The retail unit is let to Huckle Limited (t/a Barbers) for a term of 15 years from 1st July 2017 at a rent of £50,000 per annum.

RETAIL UNIT PRODUCING £50,000 PER ANNUM AND VACANT FOUR BEDROOM FLAT

Retail Unit - D
Residential Flat - E

1. Internal photos of flat provided by vendor.
2. The property has further rental potential.

Auction Surveyor : Rob Hills
Contact : 020 7614 9933
Robert.hills@strettons.co.uk

Joint Auctioneer:

* 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 #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. 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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