Commercial Unit (South), Wharfside Point, 4 Prestons Road

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Key Points

Summary

Long Leasehold investment sale - vacant possesion

Description

An exceptional investment opportunity unfolds with the sale of an original 999-year lease for a commercial unit and three secure underground car parking spaces.

The unit offers an open-plan layout and would be suitable for a range of commercial occupiers, with a 2.9 metre ceiling height and 17 metre glazed frontage facing Prestons Road.

The commercial unit last generated rent of £45,000 p.a. plus VAT, while the parking spaces hold potential for £6,000 p.a. income. Additional details include a £200 p.a. ground rent and £12,000 p.a. service charge.

Viewings

By appointment with Stirling Ackroyd.

Location

Located on the junction of Prestons Road and Cotton Street (A1206), just North of Aspen Way (A1261) – giving easy access to the A13, A12 and Blackwall Tunnel.

The unit is within a two minutes' walk of Blackwall DLR Station which connects to Canary Wharf London Underground, DLR and Crossrail Station.

City Airport is also within a 15 minute drive and a 10 minute journey on the Eastbound DLR.