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For Sale£1,150,000.00

FREEHOLD RAILWAY ARCHES AND LAND + LEASEHOLD OFFICE BUILDNG FOR SALE

Land, Offices, Office, Residential Land, Warehouse, General Retail, Restaurant/Cafes, Commercial Land, Residential, Industrial, Retail , 6300 Sq Ft
Property type: Land, Offices, Office, Residential Land, Warehouse, General Retail, Restaurant/Cafes, Commercial Land, Residential, Industrial, Retail
Tenure: For Sale Freehold
Size: 6300 Sq Ft
Price: £1,150,000.00
Location: 21-23 Trinidad Street, E14 8AA
LOCATION
The Arches and land are located in Trinidad Street, partly underneath the Docklands Light Railway and next to Westferry DLR station. The area is within walking distance of Canary Wharf and close to the shopping amenities in Commercial Road.
DESCRIPTION
310-311 Trinidad Street.
Virtual freehold open arches extending to approx. 1475 sq. ft. (137 sq. m.) G.I.A. plus land of approx. 753 sq. ft. (70 sq. m.) totaling 2,228 sq. ft. (206 sq. m.). The arches are open to the back, currently used as outdoor playing areas for the nursery, and have not been developed. This arches/ land have potential to be developed for a variety of uses, by creating closed spaces and mezzanines to increase their usable areas.
312-313 Trinidad Street
Virtual freehold developed arches extending to approx. 2067 sq. ft. (192 sq. m.). This arches have been fitted internally for the nursery indoors use and include a mezzanine of approximately 592 sq. ft. (55 sq. m.) and an additional plot of land to the back of approximately 204 sq. ft. (19 sq. m.)
Building on Leased land at 21-23 Trinidad Street
Leased land with an annual rent of £3,250 which has approximately 17 years unexpired. The land contains a two story office building (built by the tenants) completely fitted including offices, toilets, kitchen and further facilities for the nursery, which extends to 1805 sq. ft. (167.70 sq. m.). This land can only be accessed through the arches object of this sale and therefore we expect that there could be scope to negotiate a longer lease/purchase of this land from DLR.
ACCOMMODATION

310 Trinidad Street: 737 Sq. ft. (68.5 Sq. m)
311 Trinidad Street: 737 Sq. ft. (68.5 Sq. m)
312 Trinidad Street: 1,329 Sq. ft. (123 Sq. m) including mezzanine
313 Trinidad Street: 737 Sq. ft. (68 Sq. m)
21-23 Trinidad Street: 1,805 Sq. ft. (167 Sq. m.)
Land at back of arches: 957 Sq. ft. (89 Sq. m.)
Total 6,302 Sq. ft. (585 Sq. m.)


USER
B1 Office and D1 Nursery
TENURE
Arches and Land to the back: virtual freehold of 999 years commencing 25.12.1840 (822 years
unexpired).
Office building: leasehold land with 25 years from 20.08.2010 (approx. 17 years unexpired)

PRICE

Offers in region of £1,150,000 for the unit as described above.

EPC
Available Upon request

VIEWINGS

Staff is unaware of the sale and should not be approached by any interested parties. All viewings through the sole agents Hurford Salvi Carr.
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