9 Pennyfields, E14 8HP
The property is located on Pennyfields and is surrounded by a number of residential developments and within close proximity of the Lime House link, Canary Wharf and DLR stations (Westferry, West India Quay and Poplar). The property has easy access to A13, A12 and A102.
The property comprises a single fronted ground floor retail unit with aluminium and glass shop frontage and roller shutters. The property forms part of a mixed use building arranged over three floors with commercial units at ground level and residential flats to the upper parts. The property is accessed directly from Pennyfields and has the benefit of rear vehicular access. There are a number of parking spaces fronting the parade.
We have measured the property in accordance with the RICS Measuring Code of Practice 6th Edition and can confirm the following NIA area:
|Unit||Ground (sq ft)||ITZA (sq ft)|
The rent sought for this property is £14,000 p.a. exclusive of VAT.
A new lease will be granted for a term of 10 years with the tenancy being contracted out of the provisions of the Landlord & Tenant Act 1954.
We understand the property has consent for A1 use within the Town and County Planning (Use Classes) Order 1987. However, interested parties should make their own enquiries with the Local Authority to verify this information.
We understand that the property is currently assessed as A1 premises and its rateable value is £8,700. However, interested parties should make their own enquiries with the Local Authority to verify this information.
Each party is to be responsible for their own legal costs incurred in the transaction.
For further information or an appointment to view please contact:
Tel: 020 7911 2218
Mobile: 07432 107 481