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Western Gateway, Royal Docks, London

£500,000

£470.81 per sq ft

Business rates & charges may apply

mi commercial, London
SIZE AVAILABLE

1,062 sq ft

99 sq m

SECTOR

High street retail property for sale

Description

LOCATION
This rare to market fully fitted commercial unit is located adjacent to Excel London Exhibition Centre, next to crown plaza docklands and also adjacent to Cable Car and City Hall. There are around 12 hotels in close proximity to this unit. Thousands of new build apartments and 650 new flats are also in the process of being built. Excel London is expanding works that are due to complete in Q4 2024 at a cost of £200million making the Excel the largest exhibition centre in the UK and one of the largest in Europe. There are direct cable cars providing direct access to the O2 centre. The excel attracts 6 million visitors per year. The Elizabeth line is just a short distance away.

DESCRIPTION
Brand new rare to market retail unit currently trading as an off license. The unit has recently been refurbished from floor to ceiling to a very high standard. The premises has an alcohol license and trades from 7am until 11pm 7 days a week. The business also sells vapes and tobacco along with other daily essentials. All fixtures and fittings are brand new the latest refrigeration from 'Pastofrigor'. There is also a Costa express machine installed and a fully fitted air conditioning unit that has recently been installed.

Rent: £30,000pa
Premium: £500,000
Rates: Interested parties should make their own enquiries.
Use: E class
Term: Assignment of 20 year lease from January 2023

Please contact one of our commercial property consultants at your earliest convenience to avoid potential disappointment.

Please note that we charge a £500 including VAT fee for the processing of referencing and administration

Unit is adjacent to famous Excel London International Exhibition Centre
Amazing business opportunity
Thousands of new build apartments and 650 new flats in the process of being built
Prime location
Excel attracts 6million visitors per year

TERMS
Assignment of a 20 year lease

VAT
It is our understanding that no VAT is applicable on the rent.

LEGAL COSTS
Each party to pay their own

VIEWING
Strictly by appointment only

Western Gateway, Royal Docks, London

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Emirates Royal Docks Station0.2 miles
  • Royal Victoria Station0.2 miles
  • Custom House Station0.2 miles

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 102099001685. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by mi commercial, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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