The Lock Building, 72-74 High Street, London, E15 2QF
£630.08 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
492 sq ft
46 sq m
- SECTOR
High street retail property for sale
Key features
- Located in an area of Stratford benefitting from investment and development
- Investment opportunity producing rental income with growth potential
- Long leasehold sale
- Occupied by very popular local business offering bike sales and repairs
Description
We are offering the opportunity to purchase the long leasehold of a unit close to Stratford town centre offering a rental income with fixed growth potential.
The unit is a ground floor premises with a WC and kitchen area. Currently occupied by Jason Bikes limited on a rent of £16,000 per annum within a lease dated 30th September 2022 for 10 years with a upwards only rent review in September 2027. A mutual break option can be exercised by both parties at September 2027. The property benefits from E class use.
Location
The unit is located on Stratford High Street, close to the Bow Flyover with Pudding Mill Lane DLR station 0.3 miles to the South. Stratford Transport hub is 0.8 miles to the East with overground, DLR, Jubilee and Central Line.
The Olympic Park is located within half a mile and boasts large open parkland, a 60,000 seat capacity stadium which hosts a variety of events all year round. Elsewhere within the park there are many permanent and temporary attractions.
Long Leasehold
The long leasehold title being sold is a lease from 14th July 2011 up to and including 28th January 2129
Brochures
The Lock Building, 72-74 High Street, London, E15 2QF
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Pudding Mill Lane Station0.2 miles
- Stratford High Street Station0.5 miles
- Bromley-by-Bow Station0.6 miles
Notes
Disclaimer - Property reference 285791-1. 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 Dobbin & Sullivan, London. 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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