Retail property (high street)
Retail property (high street)
Features and description
- 1,498 sq. ft. (139.1 sq. m.)
- Retail on ground floor
- Two bedroom maisonette
- Recently refurbished
FREEHOLD MIXED USE BUILDING NEAR WHITECHAPEL FOR SALE
* Retail ground floor income producing
* 2 Bedroom Maisonette occupying upper parts
* Busy retail parade
* Walking distance from Whitechapel Crossrail
LOCATION
The building occupy a highly visible location in a busy parade of shops in Commercial Road. Nearby transport facilities include Whitechapel underground station (District and Hammersmith and City), which will benefit from the opening of a Crossrail station in 2022. Shadwell and Limehouse DLR stations are both within walking distance and there are a number of bus lines connecting the location with Central London and Docklands.
Nearby retailers include Sainsbury’s local three doors down on the same parade, and the bustling Watney Street Market which is only 300 yards away.
ACCOMMODATION
This building is well maintained mixed use period building, with newly refurbished residential upper parts. The shop on ground floor has been leased in December 2018 on a 15 year lease outside the LTA with a passing rent of £23,750 per annum exclusive.
FLOOR AREAS
Ground floor 721 sq. ft. (67 sq. m.)
First Floor 474 sq. ft. (44 sq. m.)
Second Floor 323 sq. ft. (30 sq. m.)
Total 1,518 sq. ft. (141 sq. m.)
(all measurements are approx.)
TENURE
Freehold
SALE PRICE
Offers in Excess of £900,000.
VAT
The building is not elected for VAT
LEGAL COSTS
Each party to bear their own legal costs.
EPC RATING
Further details available upon request.
* Retail ground floor income producing
* 2 Bedroom Maisonette occupying upper parts
* Busy retail parade
* Walking distance from Whitechapel Crossrail
LOCATION
The building occupy a highly visible location in a busy parade of shops in Commercial Road. Nearby transport facilities include Whitechapel underground station (District and Hammersmith and City), which will benefit from the opening of a Crossrail station in 2022. Shadwell and Limehouse DLR stations are both within walking distance and there are a number of bus lines connecting the location with Central London and Docklands.
Nearby retailers include Sainsbury’s local three doors down on the same parade, and the bustling Watney Street Market which is only 300 yards away.
ACCOMMODATION
This building is well maintained mixed use period building, with newly refurbished residential upper parts. The shop on ground floor has been leased in December 2018 on a 15 year lease outside the LTA with a passing rent of £23,750 per annum exclusive.
FLOOR AREAS
Ground floor 721 sq. ft. (67 sq. m.)
First Floor 474 sq. ft. (44 sq. m.)
Second Floor 323 sq. ft. (30 sq. m.)
Total 1,518 sq. ft. (141 sq. m.)
(all measurements are approx.)
TENURE
Freehold
SALE PRICE
Offers in Excess of £900,000.
VAT
The building is not elected for VAT
LEGAL COSTS
Each party to bear their own legal costs.
EPC RATING
Further details available upon request.
Area statistics
Crime score
High crime
10/10
About this agent

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