Investment Consideration:
VAT is NOT applicable to this property
Comprises a corner retail shop
Development potential to convert retail shop into residential accommodation.
Potential to extend at basement and three storeys above, subject to obtaining necessary consents.
Prior approval has been requested under permitted development for all three proposed plans.
Located within 2-minute walk to All Saints DLR Station, with direct link to Canary Wharf, Tower Bridge and Bank Station.
Nearby occupiers include Papa John`s Pizza, Cake Box and Pizza Hut, amongst others.
Property Description:
The property comprises an end-of-terrace ground floor retail shop. Development potential to convert retail shop into 2 x Studio Flats or 1 x 1-Bed Apartment. Potential to extend at basement and three storeys above, subject to obtaining necessary consents. Prior approval has been requested under permitted development for all three proposed plans.
The property provides the following accommodation and dimensions:
Ground Floor: Shop 45 sq m (485 sq ft)
Tenancy:
The property is at present occupied. Vacant possession upon completion.
Location:
Poplar is a district in East London, England, the administrative centre of the borough of Tower Hamlets. Five miles (8 km) east of Charing Cross, it is part of the East End. It is identified as a major district centre in the London Plan, with its district centre being Chrisp Street Market, a significant commercial and retail centre surrounded by extensive residential development. Poplar includes Poplar Baths, Blackwall Yard and Trinity Buoy Wharf and the locality of Blackwall. Poplar is well connected to destinations in East London and East Anglia by road: A12, A13, A102, A1261 and well served by London Buses routes 15, 115, 309, D6 and night bus routes N15 and N551. The property is located within 2 minute walk to All Saints DLR Station, with direct link to Canary Wharf, Tower Bridge and Bank Station. Nearby occupiers include Papa John`s Pizza, Cake Box and Pizza Hut, amongst others.