Investment Consideration:
Vacant possession
VAT is NOT applicable to this property
Comprises ground floor retail premises
Suitable for variety of uses (Class E)
Planning approved in July 2022 for conversion into 1-bed residential apartment (C3)
Situated within short walk from Stepney Green Underground Station (District & Elizabeth Lines)
Nearby occupiers include Tesco Express, Sainsbury`s Superstore, Cinema, and more.
Property Description:
Comprises prominent corner retail premises arranged over ground floor. The property benefits from two entrances one from the street and one from the communal lobby area, providing the following accommodation and dimensions:
Ground Floor: 36.8 sq m (396 sq ft)
Open plan retail, store/office, kitchen, wc
Tenure:
Long leasehold. Held on a 999 year lease from 29th September 2001 at a ground rent of peppercorn.
Location:
Centrally located to the south of Mile End (A11) and less than two miles from the City of London. The Queen Mary University and Royal London Hospital are both within half a mile. The green open spaces of Stepney Green Gardens are within walking distance. The property is situated within short walk from Stepney Green Underground Station (District & Elizabeth Lines). Nearby occupiers include Tesco Express, Sainsbury`s Superstore, Cinema, and more.
