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No longer on the market

This property is no longer on the market

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Office

Auction
Office
Added > 14 days

Features and description

  • Virtual freehold office investment
  • Approximately 248.62 sq m (2,676 sq ft)
  • Residential conversion potential (subject to consents)
  • Close to the River Thames and transport links
  • New 3 year lease to BCSL
  • Producing £47,168 per annum
  • Online Auction on Monday, 01 January 3500

The property comprises a first floor office unit within a larger, former warehouse building of traditional construction beneath a pitched roof. The accommodation totals approximately 248.62 sq m (2,676 sq ft) and is rectangular in shape around a central core, which provides WCs, a staircase and passenger lift. The property may lend itself to alternative uses, including residential, subject to obtaning the necessary consents. A potential layout drawing is included within the images and prospective purchasers are advised to make their own enquiries of the Local Planning Authority.


Location:

The London Borough of Tower Hamlets is a borough in the East End of London lying immediately to the east of the City of London and on the north bank of the River Thames. The area is served by the A12, A11 and A13, the latter linking with the A406 (Noth Circular Road) to the east. The property lies in the Blackwall area, which is served by numerous bus services and benefits from London City Airport being situated just to the east. Underground services are via Canning Town station, which lies to the north.

Orchard Place runs south from Lower Lea Crossing (A1020) immediately to the east of East India Dock Basin and is an area that has seen significant regeneration in recent years, most notably in the residential sector. The property commands a prominent position on the east side of Orchard Place near its junction with Lower Lea Crossing and next to the Ballymore Goodluck Hope development.


Online Auction on Monday, 01 January 3500. For further information, such as legal documents and property information, please visit bidx1.com.
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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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