Skip to content
Buy
Property for sale New homes for sale Property valuation Investors Mortgages
Rent
Property to rent Student property to rent
Find Agent
Find estate agents
House prices
Sold house prices Instant online valuation
Commercial
Commercial property to rent Commercial property for sale Advertise
Inspire
Moving stories Property news Energy efficiency Property guides Housing trends Overseas blog Mortgage guides
Overseas
All countries Spain France Portugal Italy Greece Currency Sell Overseas property
UNDER OFFER

3 Manchester Road, London, E14 3BD

£1,000,000

£374.25 per sq ft

Business rates & charges may apply

Stirling Ackroyd, Commercial
SIZE AVAILABLE

2,672 sq ft

248 sq m

SECTOR

Light industrial facility for sale

Floor Plan
1

Key features

  • Current total space - 2,443 square foot
  • Current configuration: 2 x commerical units plus 1 x 1 bedroom flat
  • Planning consent for: 1 x 3 bed flat, 1 x 1 bed flat, plus 1 x commercial unit
  • Freehold sale - £1,000,000 with a current income of £36,6000
  • Rare E14 commercial/residential site
  • Two minutes' walk to Island Gardens DLR Station
  • Vacant possession available within three months
  • Ideally placed for access to Canary Wharf and Greenwich

Description

Description
Existing status: The freehold building is currently configured as two commercial units on the ground floor plus a one bedroom flat on the first floor, all are self-contained.
The floor areas comprise: Ground floor commercial units – 1,850 square feet and first floor one bedroom flat - 593 square feet
The current income is £36,600 consisting of £21,000 per annum of income from both commercial units (under rented/on licence) plus £15,600 per annum from the one bedroom flat. The commercial tenants occupying by means of Licence agreements. While a standard AST applies to the one bedroom flat. The residential tenancy end date is 31st July 2024. Vacant Possession available within three months.
Planning permission has been gained to retain the existing ground floor commercial unit plus consent to replace the existing one bedroom flat with a three bedroom flat and add a further 1 x one bedroom flat - further details and proposed plans upon request.
Local Authority – London Borough of Tower Hamlets. The subject site has not been elected for VAT and will be sold by way of an Asset Sale as opposed to a Company Sale.

Location
The building is located within two minutes' walk of Island Garden DLR, the Greenwich Foot Tunnel
and the Thames Path – ideally placed for access to Canary Wharf and Greenwich. Located on
Manchester Road at the southern end of the Isle of Dogs, close to the junction with East Ferry Road.

Viewings
By appointment with Stirling Ackroyd

Brochures

3 Manchester Road, London, E14 3BD

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Island Gardens Station0.1 miles
  • Mudchute Station0.3 miles
  • Cutty Sark Station0.4 miles

About Stirling Ackroyd, Commercial

40 Great Eastern Street, London, EC2A 3EP

Whether you are looking for office space in the heart of Tech City, a restaurant or café in the vibrant and ever-changing streets of Shoreditch and Hackney, our team are available to assist with every aspect from leasing through to investment. Our Commercial Property Services include Leasehold and Freehold disposal, Property Acquisition and Investment and Development Services. We cover Retail space, Industrial space, Office space, Investment properties and Land Acquisition, so can help in all your commercial property needs.

At Stirling Ackroyd, the city is in our DNA. We understand the way London operates and how people buy, sell, rent or let property. As one of the first East London estate agents, we have played a vital role in the residential and commercial development of Central and East London and through this, we have gained an integral understanding of local values and an unparalleled local knowledge of the area.

We are one of the leading commercial estate agents for commercial property in London. We provide our clients with the full range of comprehensive, professional, and up to date occupational and investment services with dedicated teams covering all commercial property sectors.

Our Commercial Property Services include Leasehold and Freehold disposal, Property Acquisition and Investment and Development Services. We cover Retail space, Industrial space, Office space, Investment properties and Land Acquisition, so can help in all your commercial property needs. Set up originally in a small office on Curtain Road, in the then unfashionable northern City fringe, we have watched the community we are part of grow into the prime property locations you see today.

Whether you are looking for office space in the heart of Tech City, a restaurant or café in the vibrant and ever-changing streets of Shoreditch and Hackney, our team are available to assist with every aspect from leasing through to investment.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 217022-1. 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 Stirling Ackroyd, Commercial. 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.

Map data ©OpenStreetMap contributors.

Email

Call

Email