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No longer on the market

This property is no longer on the market

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Retail property (high street)

Auction
Retail property (high street)
Added > 14 days

Features and description

  • Reversionary virtual freehold convenience store investment
  • Totalling approximately 174.46 sq m (1,878 sq ft)
  • Located within large residential catchment
  • Asset mangement opportunity
  • Currently producing £29,000 per annum 

A modern ground floor retail unit totalling approximately 174.46 sq m (1,878 sq ft) forming part of a larger, modern mixed use development. The property currently trades as a convenience store and is well located to cater for the significant footfall generated by the immediate residential and business community.


Location:

New Providence Wharf is a mixed use development in the Blackwall district of the London Borough of Tower Hamlets, at the north end of the Blackwall Tunnel. There are numerous shops and restaurants at ground floor level as well as the Radisson Edwardian Hotel. The O2 Arena is located on the opposite side of the River Thames, with Canary Wharf and the Isle of Dogs being located immediately to the west. 

The property is prominently situated on the western side of the Michigan Building (Building B) fronting Blackwall Way close to the entrance to New Providence Wharf. Blackwall station (DLR) lies within a few minutes' walk to the north.

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About this agent

BidX1 - Nationwide Auctions
BidX1 - Nationwide Auctions
Henry Wood House, 4-5 Langham Place London W1B 3DG
020 8033 0374
Full profileProperty listings
BidX1 are market-leaders in the digitalisation of property transactions, allowing buyers and sellers across the globe to complete transactions online in the most efficient and transparent manner. We combine industry-leading property expertise with proprietary technology to provide unparalleled levels of transparency, analytics and global reach, challenging the traditional process of marketing and transacting real estate. Our technology facilitates end-to-end online transactions, from listing to exchange of contracts.  To date BidX1 has sold over 20,000 properties through their digital platform, attracted visitors from 173 countries and buyers from 32 countries. A total value of £4 billion worth of property sold has been sold via our digital platform.  BidX1 currently operates in the UK, Ireland, and Cyprus, with further expansion into other European markets planned to meet the demand for an alternative to existing sale processes. BidX1 has a varied customer base, including multiple institutional investors, banks, listed vehicles, receivers, liquidators and propcos, as well as individual private sellers wishing to avail of the transparency and data that the digital platform provides.  Their innovative approach has earned them recognition in the form of a number of accolades, including the Irish Times' New Frontiers Award 2018 and the Investment Award 2018 at the Estates Gazette Tech Awards. BidX1 has also been shortlisted for Newcomer of the Year and Proptech Innovator of the Year at the Property Awards 2019 as well as for Proptech Company of the Year at the PROPS Awards 2019.
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