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High Street 1,281 sq ft 100% Let Retail Property London E15 2LS £475,000 (£370.80/sq ft)
Investment Highlights
- Prominent corner retail unit
- Fixed rental uplifts and rent review in 2028
- Potential for further growth
- Let to an online pharmacy
- Represents good income producing investment
Executive Summary
Double height prominent corner retail unit which has had a mezzanine installed to increase the useable area and is fully let to an online pharmacy business. The premises are situated on the ground floor of a modern residential block of flats in this popular urban area of Stratford in East London. The premises also include one underground parking space. The tenants are a medical centre and have a thriving business. The current rent is £32,000 pa and the last rent review has been agreed with fixed annual uplifts and a further rent review in 2028. This represents a good income producing investment with potential for further growth.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Size
1,281 sq ft
Year Built
1960
Price
£475,000
Price per sq ft
£370.80
Occupancy Rate
100%
Number of Floors
1
1 1
Nearby Major Retailers
1 of 6
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High Street
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