Commercial Property for sale

Admirals Way, Admirals Way, London, E14

Under Offer £575,000
806 sq. ft.

Property Description

Commercial information

  • 806 sq ft (74 sq m)

Key features

  • Situated in an excellent position opposite Canary Wharf
  • First floor self contained office suite
  • Let to Tuckers Consultancy Ltd
  • Currently producing 18,490 p.a with an ERV of 32,250 pa.
  • Long leasehold - 172 years unexpired at a peppercorn rent
  • We are seeking offers in excess of 570,000 re! ecting a net initial yield of 3.10% assuming purchasers costs of 4.97%.
  • 1 year remaining (lease outside Land & Tenant Act 1984)

Full description

Description

REVERSIONARY OFFICE INVESTMENT

Location

Raleigh House is ideally situated on the north side of Marsh Wall just a 2 minute
walk from the Canary Wharf Estate and Jubilee Line. Access is provided by way
of pedestrian footbridge. The Canary Wharf Estate now has an enormous array
of fantastic shopping facilities, restaurants, cafes and bars.

South Quay and Heron Quay DLR stations are also a short distance away and
provide connections to the City, Lewisham, City Airport and Stratford. The local
retail facilities have also improved at South Quay with the likes of Pret-a-Manger,
Tesco and the Co-Op, alongside numerous bars and restaurants.

Accommodation



Terms

The vendors are seeking offers in excess of £575,000 reflecting a net initial yield of 3.10% assuming purchasers costs of 4.97%.

Rateable Value



Service Charge



Viewing


Nearest stations

  • South Quay (0.1 mi)
  • Heron Quays (0.1 mi)
  • Canary Wharf (0.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Glenny, East London

Unex Tower Station Street London E15 1DA

020 3858 2675 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • South Quay (0.1 mi)
  • Heron Quays (0.1 mi)
  • Canary Wharf (0.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Glenny, East London

Unex Tower Station Street London E15 1DA

020 3858 2675 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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