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409-413 Mile End 409-413 Mile End, London, E3 4PB
Use Class
E
Size
515 sq ft
Rent pa
£50,000
Market Sector
Retail & Shopping Park
Key Features
Prime retail unit situated close to Sainsbury’s
Opposite Mile End underground station
Planning Use Class E
Size – 515 sq ft
£50,000 per annum
Location
The premises occupies a prominent position directly opposite Mile End Underground Station, benefiting from high footfall from commuters and local residents. Located within the densely populated London Borough of Tower Hamlets, the property serves a catchment of approximately 53,000 people within a 15- minute walk and 344,000 people within a 10- minute drive. The premises are adjacent to Mile End Station (Central, District and Hammersmith & City lines), providing excellent connectivity to the City, West End, Stratford and wider London. Numerous bus routes also serve Mile End Road, a key East London thoroughfare. Nearby occupiers include Sainsbury’s Local, Co-op, KFC, Costa Coffee, Starbucks and Nando’s, alongside a range of independent retailers and food operators.
Accommodation
515 Sq.Ft
The property provides the following internal floor areas:
Downloads
Financial
Lease Type
New Lease
Lease Term
Available by way of a new sublease with terms to be agreed. The lease is to be excluded from the Security of Tenure (sections 24-28) of the Landlord and Tenant Act 1954.
Rent
£50,000 per annum.
Costs
Each party is to be responsible for their own legal costs incurred in the transaction.
Vat
All figures quoted are exclusive of Value Added Tax which will be charged at the prevailing rate.
Business Rates
We are advised that the unit is not separately assessed for Business Rates. Interested parties are advised to make their own enquiries to the local authority regarding the rates liability and any reliefs that may be available. Further information is also available at www.gov.uk/calculate-your-business-rates
Sustainability
An EPC certificate has been commissioned.
Disclaimer
All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.
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