Cookies are a small file saved on your computer that help store preferences and other information that’s used on the web pages you visit. See below for further information about the categories of cookies used on our site and your current preference settings. Turning any of these cookies off may affect your experience of the site.
Find out more
Cookies are a small file saved on your computer that help store preferences and other information that’s used on the web pages you visit. See below for further information about the categories of cookies used on our site and your current preference settings. Turning any of these cookies off may affect your experience of the site.
For more information about how we and our partners use cookies on our site, see our Cookie Policy
Investment let at £58,200 pa (10.39% on Guide Price)
Let to Thalgo UK Ltd on a lease expiring in 2028
Comprises approximately 216.28 sq m (2,328 sq ft)
Register to bid on Savills Auctions website by 5pm on 7 May
To be sold via online auction on 8 May 2024, unless sold prior.
Find out more...
About this property
Of interest to investors
Long Leasehold Retail Investment
Investment let at £58,200 pa (10.39% on Guide Price)
Local information
The property is located in Limehouse on the north side of Commercial Road, less than half a mile north of Canary Wharf and close to Limehouse Cut. The property is opposite St Anne's Church with other nearby occupiers including Limehouse Library, Domino's Pizza and a number of independent shops, cafes and restaurants.
Additional information
Tenancy:
Let to Thalgo UK Ltd on a 10 year lease from 05.01.2018 until 04.01.2028 (2023 break option not exercised) at a passing rent of £58,200 pa.
Joint Agent:
Paul Belchak
020 7375 3444
07792 151 280
pb@belcor.london
Accommodation:
Ground - Retail/Ancillary - 216.28 sq m (2,328 sq ft)
Tenure:
Long Leasehold. Held for a term of 999 years from 31.03.2017 at a ground rent of £500 pa (reviewed every 10 years (linked to RPI, see page 25 of the lease). The next review date is 24 June 2028.