Property photos
Just added
Auction
Fixed price
£475,000
Land for sale
High Street, Stratford, London E15Local area information
Property location
Nearby amenities
- Carpenters Primary School 0.1 miles
- Stratford High Street 0.2 miles
- John F Kennedy Special School 0.4 miles
- Stratford 0.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for Stratford, West Ham and East Village to find out more about the local area.
Features and description
High Street, Stratford, London E15
Commercial Investment For Sale (Virtual Freehold) - comprising a 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 have a thriving business 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.
Areas:
Gross internal area — 1281 sq ft (119 sq m)
Tenancy:
Let to St Mary’s Medical Centre for a term of 15 years from 31st October 2018 at a current rental of £32,000 pa plus fixed rent increases as followed:
1 Nov 2025 to 31 Oct 2026 - £33,000 pa
1 Nov 2026 to 31 Oct 2027 - £33,500 pa
1 Nov 2027 to 31 Oct 2028 - £34,000 pa
There will be a further rent review in November 2028.
Tenure:
Virtual freehold and held on a 997 year lease from 31st October 2013 at a peppercorn ground rent (thus having 985 years remaining).
Terms: Offers in the region of £475,000
Commercial Investment For Sale (Virtual Freehold) - comprising a 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 have a thriving business 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.
Areas:
Gross internal area — 1281 sq ft (119 sq m)
Tenancy:
Let to St Mary’s Medical Centre for a term of 15 years from 31st October 2018 at a current rental of £32,000 pa plus fixed rent increases as followed:
1 Nov 2025 to 31 Oct 2026 - £33,000 pa
1 Nov 2026 to 31 Oct 2027 - £33,500 pa
1 Nov 2027 to 31 Oct 2028 - £34,000 pa
There will be a further rent review in November 2028.
Tenure:
Virtual freehold and held on a 997 year lease from 31st October 2013 at a peppercorn ground rent (thus having 985 years remaining).
Terms: Offers in the region of £475,000
More information
Listed by
Claridges Commercial
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