Summary
| Property Type | Development / Development Land / Development Site / Industrial / Storage / Light Industrial / Open Storage / Warehouse / Yard |
| Tenure | For Sale |
| Size | 5,238 sq ft |
| Price | £850,000 |
| Rates Payable | £1.46 per sq ft |
| Service Charge | n/a |
| EPC Rating | This property has been graded as C (17) |
- 3 Metre Site Entrance - The Existing Site Offers 3 Units Plus Yard
- Ideal Opportunity For An Owner Occupier, Investor And Developer
- Close to Plaistow London Underground Station (District Line) - Stratford and Canary Wharf Within Easy Reach
- Located Within A Residential Street - Potential For Residential Development STPP From The London Borough of Newham
- Guide Price £850,000 - Full Vacant Possession
- The Sale Is Not Subject To VAT
About
The site entrance is between 2 residential properties/end of 2 residential terraces, with a width of three metres. This is an ideal opportunity for an owner occupier/investor requiring a commercial site in East London. The site also offers residential development potential subject to the planning consent.
Current Site: 125a Corporation Street is located within a residential street and the entrance to the site is between 2 residential houses. The site offers a yard plus 3 x existing commercial units.
The site also contains a small UK Power Network power station with rights of way access. This lease has expired. The Lease was originally granted in 1961 for a 60-year term to the London Electricity Board. The contractual term expired in March 2021. The current rent is a nominal £50 per annum only. The site will be sold with full vacant possession.
Accommodation
| Name | sq ft | sq m | Availability |
| Outdoor - Unit 1 | 844 | 78.41 | Available |
| Outdoor - Unit 2 | 320 | 29.73 | Available |
| Outdoor - Unit 3 | 1,506 | 139.91 | Available |
| Outdoor - Unit 4 | 68 | 6.32 | Available |
| Outdoor - Yard | 2,500 | 232.26 | Available |
| Total | 5,238 | 486.63 |
Location
Local Authority: The London Borough of Newham
Corporation Street connects to Plaistow Road and the site is just 7 minutes walk from Plaistow London Underground Station (District Line).
Both Stratford and Canary Wharf are easily accessible by road and public transport.
Mainline Stations
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West Ham8 mins
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Stratford20 mins
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Maryland21 mins
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Forest Gate26 mins
Underground Station
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Plaistow3 mins
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West Ham8 mins
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Abbey Road8 mins
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Stratford High Street16 mins
Gallery
