Panda House, 628 -634 Commercial Road, London, E14 7HS
Size
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Tenure
Freehold
EPC
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Parking
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- Primary use
- Other leisure
Key features
- Panda House is a hostel (Use Class Sui Generis)
- 59 en-suite units with shared communal space
- Existing GIA of approx. 15,232 sqft / 1,415 sqm
- The property is subject to a lease expiring December 2029 at a rent of approx. £873,000
- Lapsed planning consent for a new build scheme to provide 109 rooms
- There is scope to repurpose the existing building and/or explore alternative living uses
Description
Existing GIA of approx. 15,232 sqft / 1,415 sqm.
The building is situated on Commercial Road in Limehouse, East London, minutes away from the thriving hub of Canary Wharf.
The building occupies an island site, and currently operates as a hostel.
The property is subject to a lease expiring December 2029 at a rent of approx. £873,000.
Lapsed planning consent for a new build scheme to provide 109 rooms (approx 41,883 sqft GIA) over 7 storeys plus lower ground.
There is scope to repurpose the existing building and/or explore alternative living uses such as Coliving or PBSA, subject to obtaining the necessary consents.
0.3 miles to Limehouse station.
Offers are invited for the freehold interest in the property.
The building can be sold with Vacant Possession if required.
- Service charge
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- Business rates
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- Use class
- Sui Generis
- Listed building
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Brochure
Panda House, 628 -634 Commercial Road, London, E14 7HS
About GLPG, Marylebone
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Disclaimer - Property reference Panda. 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 GLPG, Marylebone. 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.