Gallions Point, Atlantis Avenue, London, E16 2UB

  • Retail
  • 1,653 sq ft
  • For Sale
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Property Type Retail
Tenure For Sale
Size 1,653 sq ft
Price Offers from £425,000 Subject to VAT
Business Rates To be assessed on ocupation. Buyers to make their own enquiries to the local authority
Energy Performance Rating Upon enquiry

An opportunity to secure a commercial unit in an ever growing part of East London with plenty of ongoing development in the area

Key Features

  • Good location close to Gallions Reach DLR Station
  • Offered in shell and core with fitted shop fronts
  • Loading bay opposite for easy access
  • Currently suitable for A1 use although E class will be considered

Description

The units are offered in shell and core with glazed shop fronts. The height of each unit is over 5.8 metres potentially allowing a mezzanine floor to be installed, subject to consent.
Services are capped with 3 phase electric supply and water supply. A loading bay is also based outside the units allowing easy access into the unit.
The units currently have A1 consent although other uses within the E class would be considered. They are also available immediately.

Available area

The accommodation comprises the following areas:

Name Sq ft Sq m Price
Ground - 11 Atlantis Avenue 1,688 156.82 £580,000
Ground - 9 Atlantis Avenue 1,224 113.71 £425,000
Ground - 7 Atlantis Avenue 1,653 153.57 £565,000
Total 4,565 424.10  

Location

The units are adjacent to Gallions Reach DLR station which provides links into The Docklands, the City and Stratford via Canning Town. Its also just 7 minutes away from the Crossrail station at Custom House. City Airport is also close by.
The area itself is benefiting from large redevelopment with hundreds of flats being constructed as part of the Gallions Point scheme and another opposite creating a vibrant scene in and around the local vicinity.

Terms

A new 250 year lease with a ground rent of £250pa.

Legal Costs

Each party to bear their own legal costs with buyers contributing a deposit on agreement of terms.

Joint Agents

We are currently appointed as joint agents alongside Strettons