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Commercial Unit (South), Wharfside Point, 4 Prestons Road, London, E14 9EX

£750,000

£213.98 per sq ft

Business rates & charges may apply

Stirling Ackroyd, Commercial
SIZE AVAILABLE

3,505 sq ft

326 sq m

SECTOR

High street retail property for sale

Key features

  • Total space - 3,505 square feet
  • Sale of the 999 year leasehold interest - £750,000
  • Includes three secure underground car parking spaces
  • Suitable for a range of occupiers
  • Vacant possesion - February 2024
  • Open-plan commercial retail with prominent return frontage
  • 2.9 metre ceiling height and 17 metre glazed frontage
  • Two minute walk to Blackwall DLR Station and close to Canary Wharf

Description

Description
An exceptional investment opportunity unfolds with the sale of an original 999-year lease for a commercial unit and three secure underground car parking spaces.

The unit offers an open-plan layout and would be suitable for a range of commercial occupiers, with a 2.9 metre ceiling height and 17 metre glazed frontage facing Prestons Road.

The commercial unit last generated rent of £45,000 p.a. plus VAT, while the parking spaces hold potential for £6,000 p.a. income. Additional details include a £200 p.a. ground rent and £12,000 p.a. service charge.

Viewings
By appointment with Stirling Ackroyd.

Location
Located on the junction of Prestons Road and Cotton Street (A1206), just North of Aspen Way (A1261) – giving easy access to the A13, A12 and Blackwall Tunnel.

The unit is within a two minutes' walk of Blackwall DLR Station which connects to Canary Wharf London Underground, DLR and Crossrail Station.

City Airport is also within a 15 minute drive and a 10 minute journey on the Eastbound DLR.

Brochures

Commercial Unit (South), Wharfside Point, 4 Prestons Road, London, E14 9EX

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Poplar Station0.1 miles
  • Blackwall Station0.1 miles
  • All Saints Station0.2 miles

About Stirling Ackroyd, Commercial

40 Great Eastern Street, London, EC2A 3EP

Stirling Ackroyd, Commercial

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

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Disclaimer - Property reference 102429-1. 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.

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