Mid terrace retail unit situated within local retail parade, suitable for a variety of uses within Class E

 

Summary

  • Versatile commercial unit with ancillary 1st floor, not for residential use
  • Over 1,000sqft of commercial space
  • Within 10 minutes from Plaistow Station
  • Frontage benefits from electric shutter

Accommodation

The accommodation comprises the following areas:

Namesq ftsq m
Ground - Commercial space 751 69.77
1st - Commercia storage 692 64.29
Total1,443134.06
103 Plaistow Road - thumbnail_IMG_2230.jpg

Location

The property is well-served by public transport. Plaistow Underground Station (District and Hammersmith & City Lines) is a short walk away, providing easy access to Central London and other parts of the city. Stratford Station, a major transport hub, is also nearby, offering connections via the Central, Jubilee, DLR, and Overground lines, as well as National Rail services. The area is known for its vibrant business community, with a mix of retail shops, cafes, offices, and service-based businesses.

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Further Information

Rent £21,000 per annum

Rates Payable £6,487 per annum The property may be eligible for small business rates relief, it is recommended that the ingoing tenant make enquiries with the local rating authority.


Description

This property is well-suited for retail businesses and service providers that want a distinctive space with room for customisation. The frontage includes a large display window, offering high visibility to passing foot traffic. The signage space above is prominently positioned for branding opportunities. The shop floor is spacious, with several ancillary rooms that could be utilised for storage, office space, or additional customer areas.

Terms

A new lease excluded from the Landlord and Tenant Act, available on full repairing and insuring terms.

Legal Costs

The ingoing tenant is to pay the Council's agency fees prior to completion of £2,500 +VAT. An undertaking will need to be entered into prior to the Council's solicitors forwarding lease documentation which currently equates to £1,804 plus £929 for a rent deposit deed, subject to confirmation.