This property has been removed by the agent. It may be let or temporarily removed from the market

View similar properties

Commercial Property to rent

Brick Lane, Tower Hamlets E1 6PU

Withdrawn from Market £5,417 pcm

Property Description

Key features

  • Large Premises Over 1,700 sq. ft.
  • Prime Location
  • Busy Footfall
  • Successfull Running Business
  • 20 Year Open Lease
  • Planing Permission in Place to Extend Basement
  • A5 Usage
  • Rent and Premium Negotiable Subject To Basement Works

Full description

We are extremely proud to offer this A5 Commercial Business currently running as a successful Indian Sweets shop. to the market with a new open lease being offered with a term of 20 years. The property is ideally located on Brick Lane offering a vast number of Footfall day and night. Brick Lane is renowned for its diverse culture and more recently has become an extremely trendy location in London alongside Shoreditch. Brick Lane has a vast number of shops ranging from supermarkets, Barbers, Grocery Shops and Clothing Retailers.

The landlord seeks a rental figure of £65,000 for this spacious property totalling 1,700 sq. ft. (approx.) He is also seeking a premium with the figure to be disclosed on application. There is a 20 year open lease being issued. This property is offered with a new lease with 20 years being offered with 5 year rent reviews for the first 10 years and 3 year rent reviews after this. There is planning permission in place to extend the basement further which would give considerable additional space to the property. The landlord would be open to carrying out this work himself however would prefer the incoming tenant to take responsibility of this as this would offer them much more space for their business. The landlord is willing to negotiate on the rent and premium if any incoming tenant will be open to carrying out this work themselves. He would be more than happy to facilitate this. This large property boasts a total space of 1,700 sq. ft (approx.). with an exceptionally large kitchen measuring 561.31 sq. ft. (approx.) This property has exciting potential as the shop is in a ‘T’ shape offering you 3 Points of access in to the property. The side entrance from Fournier Street which enters in to the kitchen offers the potential of turning this in to a separate Commercial Unit which can be privately rented by any incoming tenant.


Shop Front: 14.27 Ft.

Shop Floor: 26.42 Ft. x 14.27 Ft.

Kitchen: 51.45 Ft x 10.91 Ft

Basement: 17.46 Ft x 13.48 Ft

Storage Space: 13.44 Ft. x 11.08 Ft

TOTAL: 1,700 Sq. Ft.

Leasehold/New Lease – £65,000 per annum.
Our client wishes to offer a New Lease with 20 years being offered (renewable lease).


Legal fees
The incoming tenant is to bear their own legal costs as well as the landlords. The seller will bear his own legal costs.

Interested parties are encouraged to make their own enquiries with the local authority (Tower Hamlets).

More information from this agent

Map & Street View

Disclaimer - Administration fees may apply when renting a property in England, Wales or Northern Ireland. For more details, please contact the agent.

Property reference 7659256. The information displayed about this property comprises a property advertisement. 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 Ranson UK Ltd, Docklands.

Please refer to our Renting Guides for further information on how to safely rent a property.

* Average speeds are based on the download speeds of at least 50% of customers at peak time (8pm to 10pm) from packages available on Speed can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. You can check the estimated speed to your property prior to purchasing. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. Providers may increase charges. You should have the right to exit your contract without penalty if this happens. The information is provided and maintained by Decision Technologies Limited.

Map data OpenStreetMap contributors.