The property consists of a highly prominent corner retail unit with a lower ground floor unit, WC & kitchenette facilities in a modern and excellent condition.
Location
It is located at the Western end of Commercial Road (A13) on the corner of Henrique Street and very close to the busy junction of Whitechapel Road (A11). The area is a hive of activity from the many fashion wholesalers to bars, restaurants, offices and the new Access Creative College opposite the property.
Aldgate East – 6 min walk – Hammersmith & City & and District line
Aldgate – 12 min walk – Overground & DLR Line
Whitechapel – 14 min walk – Elizabeth Line, District Hammersmith & City and Overground
Accommodation
Ground Floor
Retail/Showroom 649.06 ft2 60.3 m2
Office 60.30 ft2 5.6 m2
709.34 ft2 65.9 m2
Lower Ground
Office/Showroom 749.17 ft2 69.6 m2
WC 33.37 ft 3.1 m2
Kitchen/Staff Area 74.27 ft2 6.9 m2
856.81 ft2 79.6 m2
Total Area 1566.15 ft2 145.5 m2
Terms
Use: E Class Suitable for Medical, Dentistry, Beauty, Retail, Fashion Wholesalers, Office etc.
Tenure: The property is available on a brand-new FRI lease, subject to agreement and will be upward only open market rent reviews.
Rent: Rental offers in the region of £58,000 pax subject to contract.
Rates:
Rateable Value £25,600
Rates payable: £12,774.40
(Parties are advised to verify with the London Borough of Tower Hamlets)
Legal Costs: The ingoing tenant is to pay towards the landlord legal costs of £1500 + VAT
Reference & Credit Checks: A charge of £350 + VAT may be payable for taking up references on behalf of proposed tenants, this fee is non-refundable after the references have been taken up, whether or not the Landlord accepts them.
Holding Deposit: Tenants wishing to secure this property may be required to pay a holding deposit to Countrywide Commercial of £2000. This deposit is not refundable except if the vendor withdraws, clear title cannot be proven or the tenant’s references, AML, and Credit checks are not acceptable to the landlord. This deposit is held in our client’s account until completion.
EPC: Available Upon Request
Specification
E Class Suitable for Medical, Dentistry, Beauty, Retail, Fashion Wholesalers, Office etc.
New Lease Available
Ground – 709.34 ft2 / 65.9 m2
Lower Ground - 856.81 ft2 / 79.6 m2
Total Area – 1566.15 ft2 / 145.5 m2
Modern Unit
Excellent Condition
Air Conditioning throughout
Minutes From Aldgate East Station