£375,000
Retail premises for sale
Property photos
£375,000
(£215.02/sq. ft)
Retail premises for sale
Umberston Street, London E11,744 sq. ft
Local area information
Property location
Nearby amenities
- London Enterprise Academy 0.1 miles
- Buttercup Primary School 0.1 miles
- Shadwell 0.3 miles
- Shadwell 0.3 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for Whitechapel, Wapping and City of London to find out more about the local area.
Features and description
Investment Consideration:
Vacant possession
erv: £39,000 p.a. Giy: 10.40%
VAT is not applicable to this property
Comprises retail premises arranged over ground floor and basement
Forming part of a newbuild (2020) residential block
Situated just off Commercial Road with occupiers nearby including takeaway`s, barbers, butchers, convenience store and many more
Property Description:
Comprises ground floor retail premises with ancillary accommodation at basement, providing the following accommodation and dimensions:
Ground Floor: 54 sq m (581 sq ft)
Open plan retail
Basement: 108 sq m (1,163 sq ft)
Ancillary, Storage
Total area size: 162 sq m (1,744 sq ft)
Tenancy:
The property is at present vacant. Erv: £39,000 p.a.
Tenure:
Long Leasehold. Held on a 999 year lease from 4th March 2021 at a ground rent of peppercorn.
Location:
The property is located in the heart of Whitechapel on Umberston Street, London, E1. It is surrounded by Commercial Road (A13) to the north and The Highway (A1203) to the south. The area benefits from excellent transport links, with Shadwell London Overground Station just 750m away, and Aldgate East and Whitechapel underground stations within easy walking distance. There are multiple bus routes, including night buses, along Commercial Road. The immediate vicinity consists of a mix of high-density housing, offices, and independent retailers.
Vacant possession
erv: £39,000 p.a. Giy: 10.40%
VAT is not applicable to this property
Comprises retail premises arranged over ground floor and basement
Forming part of a newbuild (2020) residential block
Situated just off Commercial Road with occupiers nearby including takeaway`s, barbers, butchers, convenience store and many more
Property Description:
Comprises ground floor retail premises with ancillary accommodation at basement, providing the following accommodation and dimensions:
Ground Floor: 54 sq m (581 sq ft)
Open plan retail
Basement: 108 sq m (1,163 sq ft)
Ancillary, Storage
Total area size: 162 sq m (1,744 sq ft)
Tenancy:
The property is at present vacant. Erv: £39,000 p.a.
Tenure:
Long Leasehold. Held on a 999 year lease from 4th March 2021 at a ground rent of peppercorn.
Location:
The property is located in the heart of Whitechapel on Umberston Street, London, E1. It is surrounded by Commercial Road (A13) to the north and The Highway (A1203) to the south. The area benefits from excellent transport links, with Shadwell London Overground Station just 750m away, and Aldgate East and Whitechapel underground stations within easy walking distance. There are multiple bus routes, including night buses, along Commercial Road. The immediate vicinity consists of a mix of high-density housing, offices, and independent retailers.
Floor plans and tours
Floor plans (1)
More information
Listed by
Blue Alpine Partners
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