Warehouses For Sale in Zone 3, London
Paid partnerships can play a role in listing order
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Bow Exchange is situated in this vibrant East London area which is a buzz with housing, businesses, shops etc.
- Commercial units immediately available in shell and core finish for maximum flexibility
- Available separately or together
- Fit-out package can be arranged at additional cost
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Sale of the Long Leasehold Interest with 30 years unexpired of Two Interconnected Warehouse/Industrial Premises In Canning Town
- Long leasehold interest with 30 years unexpired
- Interconnecting buildings with designated yard
- Corner site accessible from both Bidder Street & Stephenson Street
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Rare opportunity to purchase food processing factory of approx. 1,600 sq.m. (17,222 sq.ft.) GIA, plus a yard of 522 sq.m. (5,619 sq.ft.) Entering the site via a large set of metal gates into the car park/loading yard, there are various entrances into the building. Ground floor providing a mixture of cutting hall, cold rooms, storage and staff welfare in the form of changing rooms, w.c's and showers. 3 stair cases provide access onto the first floor which in turn provides office accommodation within the north westerly wing with access through to additional cold storage, cutting hall and staff welfare. Providing a total of approx. 2,125 sq.m or 22,873 sq.ft. Plans attached.
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The property is a mid-terraced industrial warehouse extending to 3,783 sq. ft across ground floor and mezzanine level. Accessed via a communal service road (included in the sale) off Standard Avenue, the property benefits from 2x roller shutter loading doors, rear service access, and parking for approximately 2 cars. Currently fitted as a commercial kitchen with cold storage and baking areas, the unit also provides office accommodation, staff facilities, storage space, air conditioning, and separate male and female WCs/changing rooms. The property is of traditional brick and block construction with profile steel cladding beneath a pitched steel roof.
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We are delighted to offer For Sale this long leasehold investment currently with 63 years left to run at peppercorn ground rent. The leaseholder can extend the lease by a further 26 years if they wish to create an 89 year long leasehold interest. The property has been let and income producing to Stapletons who have been trading there for approximately 20 years with a current annual rental income of £43,721 p.a.x., with a lease to expire April 2029. The site is around 10,000 sqft (not measured). Service charge: approximately £1,906 p.a. Insurance Charge: £1,803p.a. The property is offered For Sale on assignment of the existing lease.
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The site comprises ground floor warehouse and production area. Ground floor essentially is a large open space, with benefit of mezzanine floor with front and side loading bay and access. Externally the property has a small service yard/area to the front and side with loading facilities via 2 electric roller shutters.
