Summary
| Property Type | Retail |
| Tenure | For Sale |
| Size | 4,282 sq ft |
| Price | Offers in the region of £2,100,000 |
| Rates Payable | £27,846 per annum |
| Service Charge | n/a |
- Large frontage
- Air conditioning
- Security shutters
- Lift
- Alarmed
- Planning consent granted for 3 residential units
About
The available accommodation comprises a prominent retail premises arranged over the ground floor, basement and two upper floors. The property offers open-plan retail/storage space throughout, benefitting from large frontage with good footfall and is suitable for a large variety of retail/wholesale operators. The building further benefits from planning consent for re-development of the first and second floors to C3 residential (1x3 bedroom, 1x1 bedroom, 1x Studio).
Accommodation
| Name | sq ft | sq m |
| Basement | 1,022 | 94.95 |
| Ground - Retail | 1,201 | 111.58 |
| 1st | 1,002 | 93.09 |
| 2nd | 1,057 | 98.20 |
| Total | 4,282 | 397.82 |
Location
Located on the West side of Commercial Road close to where the junction meets with Umberston St. The property is well served by transport links with Whitechapel Station (Overground & Underground) approximately 0.5 miles North, and Aldgate East (Hammersmith & City and District) 0.4 miles west. There is a wealth of amenities within the immediate vicinity including national retailers and leisure providers such as Pure Gym and Tesco's.
Mainline Stations
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Shadwell7 mins
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Whitechapel7 mins
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Bethnal Green Rail13 mins
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Fenchurch Street14 mins
Underground Station
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Shadwell7 mins
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Whitechapel7 mins
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Aldgate East8 mins
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Aldgate10 mins
Downloads
Download Marketing Brochure
Further Information
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Viewings
Strictly by appointment only.
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Terms
Freehold
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Tenancy Details
Current lease expiring Feb 2028 with a passing rent of £80,000 per annum.
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Planning Consent
Planning Consent was previously granted in Jan 2022 which allowed the conversion of 1st and 2nd floors into 3 self contained residential units (1x 1-bedroom, 1x studio and 1x 2 bedroom)
Reference Number: PA/21/01455/A1
The planning permission is subject to a Section 106 agreement which requires a financial contribution of £91,000.
Gallery
