Property description
This is a great opportunity to acquire an established business on Mile End Road. The unit is located close to Queen Mary University, opposite Nandos and Costa coffee. The unit consists of ground floor, large seating area, storage, kitchen and benefits from the free parking on the side of the building. It presents an excellent opportunity for someone who would like to take on established business. Otherwise, the unit will suit variety of other A3 retailers.
The property is only few moments away from Mile End Station (Central, Circle, District and Hammersmith & City lines). The area is well served by local buses and is easily accessible by car via A11. The area offers an excellent selection of amenities as the shops, bars and restaurants.
AccommodationGround floor:
Width/Frontage: 22” approx
Depth: 61“approx
Ground floor size: 1340sqft approx
Total accommodation size: 1340sqft approx
Lease Term/Commencement Our client wishes to assign the lease which has 7 years remaining.
Rent £15,000 per annum.
Premium £480,000 NEW PREMIUM £470,000
Legal Fees/Cost Each party is to bear their own legal cost.
RatesAll interested parties are encouraged to make their own enquiries with London Borough of Tower Hamlets.
ViewingsBy prior appointment through multi selling agents Ranson UK LTD.
Email: enquiries@ranson.co.uk
Tel: 0207 538 4057
DisclaimerRanson UK Limited their clients and any joint agents give notice that:
1. They have no authority to make or give any representations or warranties in relation to the property. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.
2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Ranson UK Limited have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise
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Property Features :
- Close to Mile End station
- High footfall
- Low rent
- Free parking on the side