REQUEST DETAILS

Agent details

This property is listed with:
Ranson UK Ltd
Suite 11 Ensign House, Admirals Way, E14 9XQ
Telephone:
 

Full Details for Commercial Property to rent in Tower Hamlets, E14 :


We are proud to present this highly visible A1 Usage Retail Business located on Burdett Road measuring over 1,200 sq. ft. (approx.). Burdett Road offers a vast amount of footfall and a steady stream of Traffic passing the property both during day and night. Burdett Road is home to a variety of banks, cafes, restaurants and multiple retailers such as Greggs, Tesco’s and Lidl. Pay and display parking is available on the street and Westferry Station is a short 5 minute walk from the property. The A13 and A12 is easily accessible through Burdett Road linking you to both Stratford and Canary Wharf within a short 5 minute drive.

This is a great opportunity to acquire this spacious A1 retail unit currently trading as a successful Salon. The property boasts a large space of 1,245 sq. ft. The property has been decorated to an extremely well standard with 4 new rooms which have been built with secure walls for private masseuse.

This is a lease assignment with a new lease being offered with the term open to negotiation. The rent for this property is £16,000 per annum. The seller is seeking a premium of £70,000 for goodwill fixtures and fittings.

Accommodation

Shop Floor: 886.07 sq. ft.

Garden: 268.82 sq. ft.

TOTAL – 1,244.71 sq. ft. (approx.) 

Tenure 

Open / Renewable Lease - £16,000

Our Client wishes to assign a lease with 14 years remaining.

Premium 

Our client seeks a premium of £70,000. 

Legal fees 

Incoming tenant to be responsible for their own, outgoing tenant’s and landlord’s legal fees. 

Rates 

We have been advised that the rates payable is £8,000 per year approximately. However, interested parties are encouraged to make their own enquiries with the local authority. Please note that there are various Business Rate Exemptions for small and new businesses with the Local Authority.

 


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Stations Nearby

Limehouse
0.5 miles

Schools Nearby

Excellence Christian School
1.9 miles
Phoenix School
1.0 mile
Out of School Provision PRU
0.9 miles
Cyril Jackson Primary School
0.1 miles
Our Lady Roman Catholic Primary School
0.1 miles
East London Islamic School
0.1 miles
St Paul's Way Community School
0.5 miles
Langdon Park Community School
0.7 miles
Tower Hamlets College
0.6 miles