Industrial for sale in 1-37 Autumn Street, Bow, London E3

Key Points

Description

• Modern Inner City Trade Counter Investment.

• Prominent location in Bow, East London.

• Excellent transport links being located off the A12 dual carriageway in close proximity to the former Olympic Park now home to West Ham fc.

• 12,541 sq ft Trade Counter warehouse with 6m Eaves Heights

• Let to the excellent covenant of Howdens Joinery Properties Limited on Fri lease terms for 10 years commencing 11th August 2016 (circa 3.5 years unexpired) passing rent of £220,000 per annum (£17.54 psf).

• Next rent review 11th August 2024. Strettons Industrial Agency view on erv is £25 psf or £313,525 per annum at next Rent Review.

• Site area of 0.385 Acres or 0.155 hectares.

• Howdens Joinery Properties Limited have a CreditSafe rating of 86A. Howdens Group plc (parent structure) have a ftse market capitalisation of £3.72bn

• Freehold.

• Alternative use potential for redevelopment Subject to Planning Permissions

• Offers are invited.

Location

Autumn Street is situated off Wick Lane, overlooking the Olympic Stadium, near the Old Ford exit off the A12 (Blackwall Tunnel Northern Approach) with good access to A11, A13, A406 and M11.

The London Docklands and City of London are also easily accessible. Public transport facilities include Hackney Wick Station linking to Stratford on the central Line and London Overground and DLR services.