Skip to content

Tesco, Leytonstone Road, London, E15

Offers in Excess of
£1,775,000

£420.22 per sq ft

Business rates & charges may apply

Knight Frank, Capitals Markets
SIZE AVAILABLE

4,224 sq ft

392 sq m

SECTOR

Convenience store for sale

USE CLASSUse class orders: A1 Shops

A1

Key features

  • Dynamic growth area in East London
  • Less than 200m from the entrance of Maryland Station (Elizabeth line).
  • Closest national convenience store to Maryland Station, benefiting from strong commuter footfall.
  • Virtual Freehold Interest
  • Modern and well-configured 4,224 sq ft convenience store
  • Let to Tesco Stores Ltd on a new 15-year lease
  • The rent is subject to 5 yearly CPI-linked rent reviews

Description

Stratford is a dynamic growth area in East London, in the London Borough of Newham, which has undergone extensive regeneration.

Situated in a prominent position on Leytonstone Road, less than 200m from the entrance of Maryland Station (Elizabeth line).

Closest national convenience store to Maryland Station, benefiting from strong commuter footfall.

Virtual Freehold Interest - circa 985 years unexpired at a peppercorn rent.

Modern and well-configured 4,224 sq ft convenience store arranged over ground floor, situated below sold-off residential apartments (not within the ownership).

Let to Tesco Stores Ltd on a new 15-year lease (subject to a tenant break option at year 10)
at a rent of £103,500 pa, reflecting £24.40 psf. The rent is subject to 5 yearly CPI-linked rent reviews (annually compounded, 1-3% collar & cap).

Brochures

Tesco, Leytonstone Road, London, E15

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Maryland Station0.1 miles
  • Stratford Station0.6 miles
  • Stratford International Station0.7 miles

About Knight Frank, Capitals Markets

55 Baker Street, London, W1U 8AN

Notes

These notes are private, only you can see them.

Disclaimer - Property reference TescoStratford. 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 Knight Frank, Capitals Markets. 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.