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Land Adjacent to Rick Roberts Way, Stratford High Street, London, E15

8.5 ac. | £931,095 pa| £77,591 pcm fees apply

Property Description

Commercial information

  • 8.6 acres (3.5 hectares)

Letting information:

Added on Rightmove: 03 December 2015 (601 days ago)

Full description

LOCATION:
Stratford has gone through a huge amount of regeneration over the last 10 years and this site is a prominent location in the area. The site is located on the corner of the junction with Rick Roberts Way and High Street, Stratford. This is approximately 0.5 miles from Stratford Station which provides links onto the Central, Jubilee, Overground and National Rail lines as well as links into Stratford International. Stratford High Street DLR is less then 0.3 miles walk away and links into Stratford main station as well as further east towards West Ham and Canning Town.
Westfield Shopping Centre can be accessed by the road opposite Rick Roberts Way (Warton Road) and is a short distance from the parking facilities on the Queen Elizabeth Olympic Park. There are also a number of bus routes that operate along the Stratford High Street.

DESCRIPTION:
The site itself is surfaced with an internal road system in place. It is accessed via Rick Roberts Way with 2 separate gates and is completely surrounded by secure metal palisade fencing. The site is approximately 8.55 acres with dimensions of 120 metres wide and 330 metres deep. There is flood lighting throughout the site (untested) and a central electrical station.

USES:
The London Legacy Development Corporation and London Borough of Newham will be closely monitoring the interest in the site with regards to the need for planning permission on proposed uses. All proposals will be considered including offers on the whole site and splitting it if necessary to allow for multiple tenants on the site. Offers subject to planning will be considered in line with local plans.

ACCOMMODATION:
External Area: 8.55 acres / 372,438 sq ft / 34,600m²

LEASE:
The premises are available on a new FRI lease for a term of 3-5 years contracted outside the 1954 Landlord and Tenant Act.

RENT:
From £2.50 per square foot depending on size requirement

RATES:
Rates will need to be reassessed depending on the use of the site and the space utilised

LEGAL COSTS:
The ingoing tenant is to be responsible for the landlords agents and legal fees. Agents fees are charged at 7% of one year’s rent and are payable upon completion. An undertaking for legal costs will be required before the landlords solicitors will issue draft lease documentation.

VIEWING:
Strictly by appointment through the sole agent.


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