129-129A - 129B The Grove, Stratford , London, E15 1EN

  • Office, Investment
  • 1,909 sq ft
  • For Sale
129-129A - 129B The Grove, London, Office, Investment For Sale - 129 The Grove 1.JPG
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Property Type Office, Investment
Availability For Sale
Size 1,909 sq ft
Price £750,000
Business Rates £7,487 per annum (based on rateable value of £15,250)
Energy Performance Rating Upon enquiry

Freehold "Mixed Use" Commercial Property Investment in sought after London location.

Key Features

  • Attractive Freehold Investment in Stratford
  • Asset management opportunities to enhance rent income
  • Town centre location with Stratford continuing to expand and attract further regeneration and investment to the area.

Location

The property is situated on the east side of The Grove close to the corner of the junction with Manbey Park Road. This is an extremely popular and sought after trading position and benefits from a good level of passing footfall, vehicular traffic and is also served by a number of major bus routes. Stratford’s main shopping centre is a short walk from the property as is the bus terminus and rail station (Central Line, Jubilee Line, DLR, Crossrail and British Rail). Maryland Station is also within 2 minutes’ walk providing links onto the national rail network. The property also lies 5 minutes away from Westfield Shopping Centre and the Olympic Park.

Description

The subject property comprises of a 4 storey building including basement laid out as offices to the ground floor and basement with separate access from the front to two self-contained flats above. The property further benefits from a small rear yard to enable loading and unloading. The property is refurbished as an estate agents office air conditioning, central heating and fitted kitchen. Both flats on the upper floors have also been redecorated and refurbished to include gas central heating and double glazing.

Current Rent Reserved

£51,400 per annum exclusive: Note net income received

Price

We are instructed to seek offers in excess of £750,000 subject to contract and existing tenancies, for the freehold interest in the property.

Legal Costs

Each party to bear their own legal costs.

Viewings

Strictly by appointment through the sole agent.