Unit 2, 787 Commercial Road, London | Property for sale | Savills
Guide price £275,000

Unit 2787 Commercial Road, London

  • New
  • Freehold
Investment

Key features

  • Of interest to investors
  • Long Leasehold Office/Retail Investment
  • Investment let at £25,000 pa (9.26% on Guide Price)
  • Let to J Stifford Law Solicitors a lease expiring in 2037 (no breaks)
  • Comprises approximately 113.34 sq m (1,220 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 £25,000 pa (9.26% 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 J Stifford Law Solicitors on a 20 year lease from 07.08.2017 until 06.08.2037 (no breaks) at a passing rent of £25,500 pa.
  • Joint Agent:
  • Paul Belchak
  • 020 7375 3444
  • 07792 151 280
  • pb@belcor.london
  • Accommodation:
  • Ground - Office/Ancillary - 113.34 sq m (1,220 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.