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Shop to rent

Pier Parade, London, E16

Let Agreed 875 sq. ft. | £7,500 pa| £625 pcm

Property Description

Commercial information

  • 875 sq ft (81 sq m)
  • Use class orders: A1 Shops

Key features

  • Economical Rental
  • Popular Parade
  • Glazed shop Front
  • Rear Access

Full description

LOCATION: The premises are situated Pier Parade close to its junction with Pier Road. Pier Road
links directly on to Albert Road, the A117 giving fast and easy access on to the A13 via
Royal Docks Road. The immediate vicinity is densely populated with residential
dwellings and the subject property is within a popular secondary parade which serves
the local community's needs with a Costcutter, Ladbrokes, pharmacy, bakery and post
office. The premises is within 2 minutes walk to King George V DLR station which
provides access into Stratford and Canning Town at regular intervals.
DESCRIPTION: A mid-terrace ground floor unit within a block owned by the London Borough of
Newham with separate residential accommodation above. The premises would be
suitable for A1 retail use. Inside there is a WC and kitchen area with one large main
room with 3 ancillary rooms.
Accommodation is as follows:
Lock-up shop/office area and kitchen approximately: 875 sqft / 81.27sqm
Self-contained w.c. & wash hand basin.
LEASE: A new full repairing and insuring lease is available for a term to be agreed outside the
1954 Landlord and Tenant Act.

RATES: Rateable Value £6,400
Rates Payable £2,931 per annum. We recommend any ingoing tenant make their own
enquiries to the local authority for further confirmation.
LEGAL COSTS: The ingoing tenant to pay the Councilís surveyorís fees prior to completion at 10% of
rent (subject to a minimum of £1,000 + VAT). An undertaking will need to be entered
into prior to the Councilís solicitors forwarding lease documentation.

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