48-50 Redchurch Street, Shoreditch, London E2
- Freehold. 
- Prominent position on Redchurch Street, the premier retail pitch in Shoreditch, one of London’s most vibrant and fashionable sub-markets. 
- Attractive mixed-use building providing 5,603 sq ft (520.5 sq m) of retail (Class E) and three residential units, arranged over lower ground, ground and four upper floors. 
- Excellent connectivity with three stations being within a 12-minute walk including the recently opened Elizabeth line at Liverpool Street Station. 
- The three residential units have recently been comprehensively refurbished to a high specification. 
- Total passing rent of £297,740 per annum (56% from three residential tenants and 44% from AS Colour). 
- Strong retail covenant in AS Colour UK Ltd (guaranteed by AS Colour Holdings Ltd) secure for a further 6.5 years. 
- The tenant has recently agreed to remove its 2024 break option, demonstrating its commitment to the store. 
- Unprecedented demand for residential apartments across London with new rental benchmarks being achieved. 
- There is potential to add value through sub-division of the c.1,400 sq ft apartments to create smaller higher value units. 
- Offers are invited for the freehold interest. 
Contact
Please contact us for further information regarding any of the acquisitions on our site.
Jamie Baruch
07889 085 112
jamiebaruch@tydusre.com
Will Elphinstone
07876 131 346
willelphinstone@tydusre.com
Freddie Dade
0792 932 1709
freddiedade@tydusre.com
 
                        