42 Orchard Place, London, E14 0JU

  • Leisure / Land & Buildings / Health & Fitness / Offices
  • 1,195 to 2,470 sq ft
  • To Let / For Sale
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Property Type Leisure / Land & Buildings / Health & Fitness / Offices
Tenure To Let / For Sale
Size 1,195 to 2,470 sq ft
Price Offers from £328,000.00 (£275 - £325 per sq.ft)
Rent £18.00 - £20.00 per sq ft
Business Rates £6.41 per sq ft
Rateable Value £29,750
Service Charge £5.66 per sq ft
VAT Applicable
Energy Performance Rating This property has been graded as B (80)

Self-contained commercial units within a traditional warehouse available for a number of uses

Description

Two self-contained units are available suitable for a number of uses.

Available area

The accommodation comprises the following areas:

Name sq ft Rent (sq ft) Price Rates Payable Service charge Total year
Upper Ground - Suite 21 2,470 £20 £800,000 /sq ft £6.41 /sq ft £5.66 /sq ft £79,212.90
Ground - Suite 22 1,195 £18 £328,000 /sq ft £6.68 /sq ft £5.66 /sq ft £36,256.30

Location

Orchard Place is located at the entrance to the new Goodluck Hope development by Ballymore following on from their successful neighbouring scheme at London City Island. The area has recently attracted several exciting occupiers to the area anchored by the English National Ballet.

For more information on these schemes please visit

www.goodluckhope.com
www.londoncityisland.com

Orchard Place is connected by road network provides easy access from Canary Wharf and the city. London City Airport - with connections to the UK and mainland Europe - is within easy reach. Rail lines are a short walk from the northern edge of the Island and Thames Clippers depart from the jetty at Goodluck Hope right into the heart of London, and all stops in between.

Specifications

• Underground car parking available
• 24 hour access
• Central Heating
• Passenger lift

Planning

The property is currently used as offices however under Class E planning use this could also accommodate medical related uses.

There is also potential to convert to residential subject to any necessary consents.

Terms

Available on new lease terms at £18 - 20 per sq.ft pa or for sale on a long-leasehold basis (950 years remaining) at £275-325 per sq.ft.