Property photos
£595,000
(£255.58/sq. ft)
Office for sale
St. Annes Street, London E142,328 sq. ft
Local area information
Property location
Nearby amenities
- Cyril Jackson Primary School 0.1 miles
- Stepney Greencoat Church of England Primary School 0.1 miles
- Westferry 0.3 miles
- Limehouse 0.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for Limehouse, Docklands and Canary Wharf to find out more about the local area.
Features and description
Investment Consideration:
Gross Initial Yield: 9.78%
Rental Income: £58,200 p.a.
VAT is applicable to this property
Comprises self-contained ground floor office/retail unit
Property benefits from triple frontage and 2 car parking spaces
Situated approximately midway between Limehouse and Westferry DLR stations, with occupiers nearby including Takeaway`s, Convenience Store, Hair Salon and more.
Property Description:
Comprises triple fronted ground floor unit t/a Office. The property benefits from 2 underground car parking spaces and provides the following accommodation and dimensions:
Ground Floor: 216 sq m (2,328 sq ft)
Open plan office, storage, kitchen, wc
Tenancy:
The property and 2 parking spaces are at present let to Thalgo UK Limited for a term of 10 years from 5th January 2018 at a current rent of £58,200 p.a. And the lease contains full repairing and insuring covenants. Tenant break clause in 2023 not exercised. Deposit held of £17,460.
Tenure:
The office is held on a 999 year lease from 31st March 2017 at a ground rent of £500 p.a. Rent review every 10th anniversary linked to rpi.
The 2 parking spaces are held on a 999 year leases from 1st January 2008 at a ground rent of £50 p.a. Each. Ground rent sum to double every 15 years for the first 105 years of the term.
Location:
Limehouse is located in the heart of East London, within easy reach of both the City & Canary Wharf. The Canary Gateway development is located off Commercial Road (A13) on the junction of St Anne’s Street & St Anne’s Row. The property is situated approximately midway between Limehouse and Westferry DLR stations, with occupiers nearby including Takeaway`s, Convenience Store, Hair Salon and more.
Gross Initial Yield: 9.78%
Rental Income: £58,200 p.a.
VAT is applicable to this property
Comprises self-contained ground floor office/retail unit
Property benefits from triple frontage and 2 car parking spaces
Situated approximately midway between Limehouse and Westferry DLR stations, with occupiers nearby including Takeaway`s, Convenience Store, Hair Salon and more.
Property Description:
Comprises triple fronted ground floor unit t/a Office. The property benefits from 2 underground car parking spaces and provides the following accommodation and dimensions:
Ground Floor: 216 sq m (2,328 sq ft)
Open plan office, storage, kitchen, wc
Tenancy:
The property and 2 parking spaces are at present let to Thalgo UK Limited for a term of 10 years from 5th January 2018 at a current rent of £58,200 p.a. And the lease contains full repairing and insuring covenants. Tenant break clause in 2023 not exercised. Deposit held of £17,460.
Tenure:
The office is held on a 999 year lease from 31st March 2017 at a ground rent of £500 p.a. Rent review every 10th anniversary linked to rpi.
The 2 parking spaces are held on a 999 year leases from 1st January 2008 at a ground rent of £50 p.a. Each. Ground rent sum to double every 15 years for the first 105 years of the term.
Location:
Limehouse is located in the heart of East London, within easy reach of both the City & Canary Wharf. The Canary Gateway development is located off Commercial Road (A13) on the junction of St Anne’s Street & St Anne’s Row. The property is situated approximately midway between Limehouse and Westferry DLR stations, with occupiers nearby including Takeaway`s, Convenience Store, Hair Salon and more.
Floor plans and tours
Floor plans (1)
More information
Listed by
Blue Alpine Partners
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