Summary

Property Type Retail
Tenure To Let
Size 515 sq ft
Rent £13,500 per annum
Rates Payable £3,143.70 per annum Property may be eligible for small business rates relief, it is recommend that the ingoing tenant enquire with the local authority.
  • 515 sqft of retail space available on a new lease
  • Prominent shop frontage of of 6.74m
  • Situated in the heart of a parade benefiting from a strong local catchment
  • Attractive rent for new and expanding businesses

About

This mid terrace ground floor lock up shop is ideal for local businesses and new ventures, it has a strong local market and minimal operating costs. The property is self-contained and benefits from strip lighting, electricity and water. Additionally, the property benefits from a double frontage with a roller shutter that provides extra security to the premises.

2 Pier Parade, London, Retail To Let - image 2.jpg

Accommodation

Namesq ftsq m
Ground - Shop floor 515 47.85

Location

This property is situated in the local parade on Pier Road, which is in close proximity to the Woolwich Ferry, just to the south of London City Airport. This is a densely populated residential area which is undergoing significant regeneration, with a wide range of residential and commercial occupiers nearby. London City Airport and King George V DLR Stations are within reasonable walking distance and several bus routes provide access to various parts of east London. Vehicular access to the area is excellent, with the A13 and the Docklands highway network being nearby linking to Canary Wharf and the UK motorway network.

Get directions from Google Maps

2 Pier Parade - image 3.jpg

Further Information

  • 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.