Auction.
A mid terrace property located in a prominent central location, comprising a ground floor shop unit with residential upper parts arranged as three flats – Part Vacant Investment let at £13,500 per annum

Tenure: Freehold.
The auction will be held September 19, 2011, at Royal Garden Hotel of London.

Location:
• Mare Street is a busy street in the centre of Hackney. The property forms part of a parade which is part of Hackney's main retail pitch,
• The property is situated on the east side of Mare Street near the junction with Graham Road,
• Shopping facilities are immediately on Mare Street and nearby occupiers include Boots Opticians, Ladbrokes, KFC, Barclays Bank and Pizza Hut,
• Leisure facilities can be found at Hackney Downs and London Fields whilst the wide expanses of Victoria Park are easily accessible,
• Train Station - Hackney Central.

Description:
• A mid terrace property comprising a ground floor shop unit with residential upper parts,
• The residential upper parts, which are accessed from a separate entrance on Mare Street, are arranged as three self-contained flats,
• Internally, the residential upper parts are presented in poor decorative order and are therefore, in need of modernisation and upgrading,

Accommodation
• Ground Floor Shop – Shop Built Depth 41' 00"
Maximum Internal Shop Width Approximately 13' 05"
Gross Frontage Approximately 14' 04"
Kitchen, WC,
• First Floor – Three Rooms, Kitchen, Bathroom/WC,
• Second Floor – Three Rooms, Kitchen (not fitted), Shower/WC,
• Third Floor – Two Rooms, Kitchen (not fitted), Bathroom/WC.

Tenancy:
The shop is let to Ha Ngoc Tran for 5 years from and including 26th February 2007 at a rent of £13,500 per annum. Reversion February 2012. The property is outside the 1954 Landlord & Tenant Act.