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Rivington Street, London, EC2A

POA
Knight Frank, Hotels
SIZE

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SECTOR

20 bedroom mixed use property for sale

USE CLASSUse class orders: A3 Restaurants and Cafes and C1 Hotels

A3, C1

Key features

  • 20 contemporary self-contained serviced apartments
  • A3 on the ground floor with 18 years remaining on the term (currently leased to Blacklock Chophouse). Rent reviews every 5-year
  • Accommodation led business with a strong profit conversion
  • EBITDA in excess of £1M in 2024 (includes a rent of £160,000 from the restaurant
  • Excellent transport links, with the building less than five minutes walk from Old Street tube station and Shoreditch High Street
  • Potential to add upper floors subject to the necessary planning consents

Description

The property comprises 20 serviced apartments, reception and a fully-let restaurant on the ground floor.

Each apartment is centrally heated and has a private bathroom, free standing furniture, WiFi, TV, tea and coffee facilities and smoke detector.

The building is arranged over the ground and two upper floors which are accessed via stairs. The elevations are mainly of brick construction and the windows are wooden. The apart-hotel is to be sold with vacant possession.

Rivington Street, London, EC2A

Approximate location
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NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Old Street Station0.2 miles
  • Shoreditch High Street Station0.3 miles
  • Hoxton Station0.4 miles

About Knight Frank, Hotels

55 Baker Street, London, W1U 8AN

Knight Frank is the leading independent, global real estate consultancy providing an integrated prime commercial and residential offering, operating in key hubs across the globe.

Headquartered in London with 244 offices, employing more than 7,067 professionals and spanning five continents, Knight Frank provides the highest standards of quality and integrity in global residential and commercial property advisory services. Our reputation for uncompromising professionalism in everything we do is earned by serving our clients and earning their trust.

Founded in 1896 and a Limited Liability Partnership (LLP) since 2003, the firm’s 60 Equity Partners promote progressive growth through a strong corporate culture, helping us to recruit and retain the best people.

Advising clients ranging from individual private investors, clients and homeowners to major developers and investors, we put teamwork, innovation and our passion for property at the heart of everything we do, striving to go the extra mile to exceed our clients’ expectations.

Notes

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Disclaimer - Property reference Rivingtonst. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Knight Frank, Hotels. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.

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