32 Penny Brookes Street 2,237 sq ft Office Property London E15 1GP £800,000 (£357.62/sq ft)

An exceptional opportunity to acquire a substantial long leasehold ground floor commercial unit prominently positioned within the highly desirable East Village development in Stratford, directly adjacent to Queen Elizabeth Olympic Park.

The unit is offered with vacant possession and in shell and core condition, presenting a rare opportunity for investors, owner-occupiers or developers to create a bespoke commercial space tailored entirely to their requirements (subject to estate regulations and permitted uses).

Extending to approximately 2,237 sq ft (207.82 sq m), the premises benefit from an impressive glazed frontage and dual access points, providing excellent natural light, strong street presence and outstanding flexibility of use.

Importantly, due to the size and layout of the premises, there is potential to divide the unit into two separate commercial spaces, further enhanced by the existing two independent entrances. This configuration provides a compelling opportunity for investors to maximise rental income by creating two lettable units, subject to the necessary approvals and estate consent.

Accommodation

The premises extend to approximately:

2,237 sq ft (207.82 sq m) of well-proportioned ground floor commercial accommodation.

The space is currently presented in shell and core condition, allowing a purchaser to design and fit out the unit to suit a wide range of commercial requirements.

Key features include:

Extensive glazed frontage

Excellent natural light throughout

Two separate entrances

Open-plan floorplate

High ceilings

Flexible internal layout

The current configuration lends itself particularly well to reconfiguration or subdivision, with the possibility of creating two independent commercial units, each with its own entrance. This makes the property particularly attractive to investors seeking to increase income potential through multi-tenancy.

Development / Investment Potential

The property represents a compelling opportunity for investors or commercial operators due to its versatile configuration and prime location within one of East London’s most dynamic neighbourhoods.

Given the generous floor area and existing dual access, the premises offer clear potential to:

Split the unit into two separate commercial units

Create two independent entrances

Maximise rental income through dual occupancies

Tailor each space to different commercial uses

The fact that the unit is delivered in blank canvas shell condition allows an incoming purchaser to implement a layout that fully optimises the space for commercial use, branding, and operational efficiency.

Planning / Use

The property falls within Restricted Class E (Commercial, Business & Service).

Permitted uses may include (subject to estate consent where applicable):

Offices

Educational facilities

Nursery provision

Medical or healthcare practices

Health & beauty operators

Retail and service providers

Please note that alcohol-related uses are prohibited in accordance with the estate management regulations.

Tenure

999-year lease from January 2016

Long leasehold interest providing security and long-term investment potential.

Price

£800,000 + VAT

Location

32 Penny Brookes Street occupies a highly visible position within the award-winning East Village, the former London 2012 Olympic Athletes’ Village which has since been transformed into one of London’s most vibrant mixed-use neighbourhoods.

East Village is home to a growing community of residents alongside a curated mix of cafés, restaurants, retail operators, and professional services, creating a lively commercial environment with strong footfall.

The unit is located immediately adjacent to Queen Elizabeth Olympic Park, providing access to expansive green spaces, sporting venues and cultural attractions, while also benefiting from the ongoing regeneration and investment across the wider Stratford area.

Transport Links

The property benefits from excellent transport connectivity, making it easily accessible for staff, clients and customers.

Stratford International Station – approximately 7 minutes’ walk (High Speed services to St Pancras)

Stratford Station – within easy walking distance, offering:

Central Line

Jubilee Line

Elizabeth Line

DLR

London Overground

National Rail services

These connections provide rapid access to Canary Wharf, the City, the West End and beyond, further enhancing the commercial appeal of the location.

Summary

This is a rare opportunity to acquire a substantial commercial unit within one of East London’s most sought-after developments.

Key highlights include:

Prime East Village location

Approx. 2,237 sq ft

Shell and core – blank canvas fit-out opportunity

Potential to split into two units

Two separate entrances already in place

Strong rental and investment potential

Long 999-year lease

The property will appeal to investors, developers and commercial occupiers seeking flexible space in a thriving and well-connected location.

Viewings strictly by appointment.

Further information, plans and lease details available upon request.