2 Pier Parade, London, E16 2LJ

  • Retail
  • 477 sq ft
  • To Let
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Property Type Retail
Tenure To Let
Size 477 sq ft
Rent £8,000 per annum
Business Rates £2,644.70 per annum We believe that this will be exempt from business rates although we recommend speaking with the local authority
Energy Performance Rating This property has been graded as G (157)

A lock up retail premises in a local parade with flexible uses considered

Key Features

  • Economical rental premises
  • Popular local parade with other local retailers
  • Suitable for a variety of uses within the E Class
  • Double frontage

Location

The premises are situated Pier Parade close to its junction with Pier Road. Pier Road links directly on to Albert Road, the A117 giving fast and easy access on
to the A13 via Royal Docks Road. The immediate vicinity is densely populated with residential dwellings and the subject property is within a popular secondary parade which serves the local community's needs with a Costcutter, Ladbrokes, pharmacy, bakery and post office. The premises is within 2 minutes walk to King George V DLR station which provides access into Stratford and Canning Town at regular intervals.

Available area

The accommodation comprises of the following

DescriptionSq ftSq m
Ground floor area 477 44.31

Description

A mid-terrace ground floor unit within a block owned by the London Borough of Newham with separate residential accommodation above. Inside there is a
WC and kitchen area to the rear with 2 main open plan retail spaces. There is a double glazed frontage secured by electric security shutters.
The premises is fitted with tile flooring, strip lighting and benefits from high ceilings.

Viewings

Strictly with the landlords sole agents, Dobbin & Sullivan.

Terms

A new lease for a term to be agreed directly from the London Borough of Newham

Legal Costs

The ingoing tenant to pay the Council’s agents fees prior to completion at £1,750+VAT. An undertaking will also need to be entered into prior to the Council’s solicitors forwarding lease documentation at a cost of around £1,500 plus £850 for a rent deposit deed.