Summary
| Property Type | Investment / Leisure / Retail |
| Tenure | For Sale |
| Size | 3,505 sq ft |
| Price | £750,000 |
| Rates Payable | Upon Enquiry |
| EPC Rating | This property has been graded as B (31) |
- Total space - 3,505 square feet
- Sale of the 999 year leasehold interest - £750,000
- Includes three secure underground car parking spaces
- Suitable for a range of occupiers
- Vacant possesion - February 2024
- Open-plan commercial retail with prominent return frontage
- 2.9 metre ceiling height and 17 metre glazed frontage
- Two minute walk to Blackwall DLR Station and close to Canary Wharf
About
An exceptional investment opportunity unfolds with the sale of an original 999-year lease for a commercial unit and three secure underground car parking spaces.
The unit offers an open-plan layout and would be suitable for a range of commercial occupiers, with a 2.9 metre ceiling height and 17 metre glazed frontage facing Prestons Road.
The commercial unit last generated rent of £45,000 p.a. plus VAT, while the parking spaces hold potential for £6,000 p.a. income. Additional details include a £200 p.a. ground rent and £12,000 p.a. service charge.
Location
Located on the junction of Prestons Road and Cotton Street (A1206), just North of Aspen Way (A1261) – giving easy access to the A13, A12 and Blackwall Tunnel.
The unit is within a two minutes' walk of Blackwall DLR Station which connects to Canary Wharf London Underground, DLR and Crossrail Station.
City Airport is also within a 15 minute drive and a 10 minute journey on the Eastbound DLR.
Mainline Stations
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Limehouse26 mins
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West Ham30 mins
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Maze Hill36 mins
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Canada Water36 mins
Underground Station
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Blackwall2 mins
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All Saints4 mins
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East India6 mins
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Poplar7 mins
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